7956 NW County Road 4060Blooming GroveTX76626
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
Rental property for sale in Blooming Grove at 7956 NW County Road 4060, Blooming Grove, TX, 76626 generates $2,842/mo in rent, after a $2,932/mo payment. Total monthly income is $2,842/mo. Return on cash invested sits at 11.43% in year one, and rental yield is 5.69% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 58.55% and total cumulative return in cash sums $115,390. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,842/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
18.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76626, Blooming Grove, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 717 (100%) |
| Owner Occupied HU | 501 (69.9%) |
| Renter Occupied HU | 118 (16.5%) |
| Vacant Housing Units | 98 (13.7%) |
| Median Home Value | $200,385 |
| Average Home Value | $227,949 |
Housing Distribution
Address Breakdown
Residential
556
Single Family
555
Multi-Family
1
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jimmy Poarch • Hi View Real Estate
Mls Name: NTREIS
Mls ID: #20737246
Disclaimer: IDX information is provided exclusively for 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.