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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% |
Investment property for sale in Groesbeck at 802 E Jacinto St, Groesbeck, TX, 76642 at $339,000 posts ROI 17.9% with from $2,233/mo rent. Total monthly income equals $2,233/mo. Return on cash invested measures 17.9% and rental yield reads 7.9% at the current $339,000. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 by year five. Five-year ROI prints 93.31% and total cumulative return in cash totals $104,860. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,233/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1989
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76642, Groesbeck, TX area.
| 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 |
Residential
2,698
Single Family
2,697
Multi-Family
1
Businesses
349
Date | Event | Price |
|---|---|---|
| 2025-03-23 | Listed for sale | $339,000 |
| 2019-05-28 | Listing removed | $229,500 |
| 2019-04-29 | Pending sale | $229,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-24 | $5757.43 | 8.02% | $321,823 | 10.00% |
| 2023-03-24 | $5330.21 | -12.39% | $292,566 | 10.00% |
| 2022-03-24 | $6084.03 | 2.13% | $265,969 | 10.00% |
Listed by: Samuel Anderson • RE/MAX DFW Associates
Mls Name: NTREIS
Mls ID: #20876790
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.
