6296 Fm 856 NTroupTX75789
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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
Investment property for sale in Troup at 6296 Fm 856 N, Troup, TX, 75789 uses $36,134 cash to close to unlock $893/yr annual cash flow and $74/mo monthly cash flow. Total monthly income runs $850/mo, and a $534/mo payment keeps the spread at $74/mo. Purchase price stands at $109,000, and rental yield measures 9.36% with $850/mo rent. Return on cash invested shows 22.38% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 117.39% and total cumulative return in cash records $42,418. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $850/mo property income covering a $534/mo payment rather than investor’s personal income.
Manufactured
Built in 1999
2.09 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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