840 Country Lane DrMc GregorTX76657
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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
Rental property for sale in Mc Gregor at 840 Country Lane Dr, Mc Gregor, TX, 76657 offers $2,970/mo rent that, after a $2,932/mo payment. Total monthly income is $2,970/mo. Return on cash invested measures 12.21% in year one, and rental yield stands at 5.95% at a $599,000 entry. Equity gained on principal adds $3,865/yr while 5% annual appreciation compounds into $165,493 by year five. Five-year ROI records 62.74% and total cumulative return in cash reaches $123,646. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,970/mo property income versus a $2,932/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76657, Mc Gregor, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,468 (100%) |
| Owner Occupied HU | 3,267 (73.1%) |
| Renter Occupied HU | 936 (20.9%) |
| Vacant Housing Units | 265 ( 5.9%) |
| Median Home Value | $383,184 |
| Average Home Value | $412,210 |
Housing Distribution
Address Breakdown
Residential
4,517
Single Family
4,412
Multi-Family
105
Businesses
253
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