6381 Highway 164 W, Groesbeck, TX, 76642 | 5.41% Rental Yield

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6381 Highway 164 W, Groesbeck, TX, 76642 | 5.41% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Groesbeck at 6381 Highway 164 W, Groesbeck, TX, 76642 offers a 5.41% rental yield on a $229,000 purchase with $1,033/mo rent. 49% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 53.59% and total cumulative return in cash at $40,685. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,033/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1962

3.14 Acres lot

$N/A/sqft

No HOA

More details about the property

This country property sits outside city limits and offers the perfect blend of space and charm. Included are three separate parcels totaling 3.14 acres, giving you room to spread out and enjoy the outdoors. The home has been tastefully renovated and features 2 bedrooms, 2 bathrooms, and a double carport. A serene pond in the back adds to the peaceful country settingbut if you have kids and prefer not to have a pond, the seller is open to filling it in prior to closing. Best of all, the owner is offering owner financing, making this a great opportunity for buyers looking for flexible options. Owner financing price is 249,900. Call today to schedule your showing!

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