710 County Road 800GroesbeckTX76642
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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 Groesbeck at 710 County Road 800, Groesbeck, TX, 76642 offers a 0.65% rental yield on a $1,275,000 purchase with $690/mo rent. 96% in year one. Equity gained on principal adds $8,227/yr while 5% annual appreciation supports $352,259 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $690/mo property income against a $6,240/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
27.93 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
2,698
Single Family
2,697
Multi-Family
1
Businesses
349
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