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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 807 Henderson Blvd, Groesbeck, TX, 76642 uses $53,040 cash to close to unlock $3,124/yr annual cash flow and $260/mo monthly cash flow. Total monthly income runs $1,398/mo, and a $783/mo payment keeps the spread at $260/mo. Purchase price stands at $160,000, and rental yield measures 10.48% with $1,398/mo rent. Return on cash invested shows 25.8% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 135.7% and total cumulative return in cash records $71,978. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,398/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.48 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kara McLelland • Realty Plus - Groesbeck
Mls Name: NTREIS
Mls ID: #21061620
