Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Groesbeck at 507 W Navasota St, Groesbeck, TX, 76642 priced at $169,900 converts $2,849/mo rent into $1,640/mo cash flow after a $832/mo obligation. Total monthly income equals $2,849/mo, and annual cash flow totals $19,685/yr on $56,322 invested. Return on cash invested prints 54.86% in year one, and rental yield reads 20.12% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 291.53% and total cumulative return in cash sums $164,198. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,849/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1960
10,585 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76642, Groesbeck, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,137 (100%) |
| Owner Occupied HU | 1,869 (59.6%) |
| Renter Occupied HU | 597 (19.0%) |
| Vacant Housing Units | 671 (21.4%) |
| Median Home Value | $228,822 |
| Average Home Value | $332,311 |
Residential
2,698
Single Family
2,697
Multi-Family
1
Businesses
349
Date | Event | Price |
|---|---|---|
| 2024-07-24 | Price change | $169,900 |
| 2024-06-19 | Price change | $179,900 |
| 2024-02-20 | Price change | $187,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-08-16 | $1349.43 | 5.88% | $48,640 | 10.02% |
| 2021-08-16 | $1274.49 | N/A | $44,210 | 9.78% |
| 2020-08-16 | N/A | N/A | $40,270 | 4.08% |
Listed by: Chato Castillo • Pioneer 1 Realty
Mls Name: NTREIS
Mls ID: #20515237
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
