511 W Navasota StGroesbeckTX76642
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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
Rental property for sale in Groesbeck at 511 W Navasota St, Groesbeck, TX, 76642 priced at $100,000 pairs $803/mo rent with $92/mo cash flow after a $489/mo payment. Total monthly income equals $803/mo, and annual cash flow comes to $1,108/yr on $33,150 invested. Return on cash invested is 23.25% in year one, and rental yield stands at 9.64% on a $100,000 basis. Equity gained on principal adds $645/yr, and 5% annual appreciation accumulates to $27,628 by year five. Five-year ROI measures 122.04% and total cumulative return in cash reaches $40,456. For financing, Ziffy Mortgage’s DSCR program evaluates $803/mo property income against a $489/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
6,664 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76642, Groesbeck, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,698
Single Family
2,697
Multi-Family
1
Businesses
349
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