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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Mcgregor at 702 S Main St, Mcgregor, TX, 76657 offers $2,095/mo rent that, after a $1,174/mo payment, leaves $368/mo cash flow. Total monthly income is $2,095/mo, and annual cash flow is $4,421/yr on $79,527 cash. Return on cash invested measures 25.47% in year one, and rental yield stands at 10.48% at a $239,900 entry. Equity gained on principal adds $1,548/yr while 5% annual appreciation compounds into $66,280 by year five. Five-year ROI records 134% and total cumulative return in cash reaches $106,567. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,095/mo property income versus a $1,174/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
4,530 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood data shown for ZIP Code: 76657, Mc Gregor, TX area.
| 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 |
Residential
4,517
Single Family
4,412
Multi-Family
105
Businesses
253
Date | Event | Price |
|---|---|---|
| 2025-02-06 | Price change | $239,900 |
| 2025-01-24 | Price change | $244,900 |
| 2025-01-16 | Listed for sale | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $3393.90 | 5.37% | $222,170 | -3.16% |
| 2023-02-13 | $3221.04 | 457.45% | $229,430 | 734.29% |
| 2022-02-13 | $577.82 | N/A | $27,500 | N/A |
Listed by: Laynie Hernandez • Camille Johnson
Mls Name: WMLS
Mls Provider:
Mls ID: #227544
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2025 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2025-02-13 04:53:25 PST
