600 Ware AveGroomTX79039
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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 Groom at 600 Ware Ave, Groom, TX, 79039 generates $2,226/mo in rent and, after a $1,013/mo payment, leaves $754/mo in cash flow. Total monthly income is $2,226/mo, and annual cash flow is $9,052/yr on $68,587 invested. Return on cash invested sits at 33.11% in year one, and rental yield is 12.91% on a $206,900 entry. Equity gained on principal adds $1,335/yr, while 5% annual appreciation builds toward $57,163 over five years. Five-year ROI reaches 174.88% and total cumulative return in cash sums $119,942. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,226/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79039, Groom, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 496 (100%) |
| Owner Occupied HU | 328 (66.1%) |
| Renter Occupied HU | 80 (16.1%) |
| Vacant Housing Units | 88 (17.7%) |
| Median Home Value | $158,333 |
| Average Home Value | $172,546 |
Housing Distribution
Address Breakdown
Residential
95
Single Family
95
Multi-Family
0
Businesses
53
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