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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 Mc Gregor at 912 W 6th St, Mc Gregor, TX, 76657 listed at $269,000 pairs $2,574/mo rent with a $1,317/mo payment to leave $661/mo cash flow. Total monthly income runs $2,574/mo, and annual cash flow reaches $7,929/yr on $89,174 cash to close. Return on cash invested measures 28.8% in year one, and rental yield registers 11.48% at a $269,000 basis. Equity gained on principal adds $1,736/yr, and annual property appreciation at 5% supports $74,320 by year five. Five-year ROI tracks 151.74% and total cumulative return in cash totals $135,311. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,574/mo property income relative to a $1,317/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76657, Mc Gregor, TX area.
| 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 |
Residential
4,517
Single Family
4,412
Multi-Family
105
Businesses
253
Date | Event | Price |
|---|---|---|
| 2024-10-25 | Listed for sale | $269,000 |
| 2024-10-15 | Contingent | $269,000 |
| 2024-09-30 | Listed for sale | $269,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-21 | N/A | N/A | $215,000 | N/A |
| 2023-11-21 | $2717.86 | -5.69% | $215,000 | N/A |
| 2022-11-21 | $2881.77 | -34.12% | $215,000 | 9.85% |
Listed by: James Spece • James Spece - Realtor Inc.
Mls Name: NTREIS
Mls ID: #20666382
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.
