700 N 3rd St, Mc Gregor, TX, 76657 | 8.4% Rental Yield

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700 N 3rd St, Mc Gregor, TX, 76657 | 8.4% 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 Mc Gregor at 700 N 3rd St, Mc Gregor, TX, 76657 listed at $220,000 pairs $1,540/mo rent with a $1,077/mo payment. Total monthly income runs $1,540/mo. Return on cash invested measures 19.5% in year one, and rental yield registers 8.4% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 101.92% and total cumulative return in cash totals $74,327. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,540/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1955

0.68 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this unique and spacious home that combines vintage charm with plenty of opportunity to make it your own. Nestled in Historic McGregor, TX, this property offers peaceful small-town charm while still being just a short drive to schools, shopping, and major roadways. Inside, youll find a cozy layout, large windows for natural light, and full of original character details. The upstairs space is perfect for a home office, playroom, or guest room. The layout offers flexibility and room for customization to fit todays lifestyle. The exterior features a mix of brick and stucco, accented by bold trim that gives the home a standout look. With a wide driveway, spacious corner lot, and established greenery, theres room to garden, entertain, or simply relax outdoors. This property is ideal for a buyer looking to add their personal touch and create the home of their dreams. Whether youre a first-time buyer, investor, or DIY enthusiast, this house has endless potential! With the right updates, it has the potential to shine as a charming family home or a profitable investment property.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76657, Mc Gregor, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,468 (100%)
Owner Occupied HU	3,267 (73.1%)
Renter Occupied HU	936 (20.9%)
Vacant Housing Units	265 ( 5.9%)
Median Home Value	$383,184
Average Home Value	$412,210