485 Kesinger RdGrovetonTX75845
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Groveton at 485 Kesinger Rd, Groveton, TX, 75845 at $699,000 posts ROI 24.17% with $788/mo cash flow from $5,758/mo rent. Total monthly income equals $5,758/mo, and annual cash flow records $9,451/yr on $229,971 to close. Return on cash invested measures 24.17% and rental yield reads 9.88% at the current $699,000. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 by year five. Five-year ROI prints 126.88% and total cumulative return in cash totals $291,782.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,758/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
8.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75845, Groveton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,635 (100%) |
| Owner Occupied HU | 994 (60.8%) |
| Renter Occupied HU | 259 (15.8%) |
| Vacant Housing Units | 382 (23.4%) |
| Median Home Value | $114,096 |
| Average Home Value | $170,719 |
Housing Distribution
Address Breakdown
Residential
943
Single Family
943
Multi-Family
0
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Glenda Johnson • Country World Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #33160638
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