772 Lcr 770GroesbeckTX76642
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 772 Lcr 770, Groesbeck, TX, 76642 offers a 2.32% rental yield on a $650,250 purchase with $1,255/mo rent. 16% in year one. Equity gained on principal adds $4,196/yr while 5% annual appreciation supports $179,652 over five years. Portfolio math shows five-year ROI at 3.49% and total cumulative return in cash at $7,460. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,255/mo property income against a $3,183/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2010
48 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Billingsley • Keller Williams Advantage Realty
Mls Name: HAR
Mls Provider:
Mls ID: #38821327
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is 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 is deemed reliable but not guaranteed.