








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 511 E Farrar St, Groesbeck, TX, 76642 priced at $435,000 converts $4,266/mo rent into $1,173/mo cash flow after a $2,129/mo obligation. Total monthly income equals $4,266/mo, and annual cash flow totals $14,073/yr on $144,203 invested. Return on cash invested prints 29.67% in year one, and rental yield reads 11.77% against a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation compiles into $120,182 by year five. Five-year ROI reaches 156.38% and total cumulative return in cash sums $225,504. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,266/mo property income covering a $2,129/mo payment, not borrower’s personal income.
Single Family
Built in 1924
0.41 Acres 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Kara McLelland • Realty Plus - Groesbeck
Mls Name: NTREIS
Mls ID: #21130475