607 E McKay StTroupTX75789
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 Troup at 607 E McKay St, Troup, TX, 75789 at $225,000 posts ROI 21.84% with $120/mo cash flow from $1,720/mo rent. Total monthly income equals $1,720/mo, and annual cash flow records $1,443/yr on $74,588 to close. Return on cash invested measures 21.84% and rental yield reads 9.17% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 114.48% and total cumulative return in cash totals $85,389.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,720/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75789, Troup, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,596 (100%) |
| Owner Occupied HU | 2,627 (73.1%) |
| Renter Occupied HU | 630 (17.5%) |
| Vacant Housing Units | 339 ( 9.4%) |
| Median Home Value | $266,511 |
| Average Home Value | $326,061 |
Housing Distribution
Address Breakdown
Residential
3,320
Single Family
3,310
Multi-Family
10
Businesses
163
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Listed by: Gary Wilson • Coldwell Banker Home Place-Henderson
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24015608
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.