981 Lcr 779GroesbeckTX76642
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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
Total monthly income runs $3,398/mo, and a $3,666/mo payment. Purchase price stands at $749,000, and rental yield measures 5.44% with $3,398/mo rent. Return on cash invested shows 10.67% in year one, and 5% annual appreciation builds toward $206,935 over five years. Five-year ROI reaches 54.48% and total cumulative return in cash records $134,248. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,398/mo property income covering a $3,666/mo payment rather than investor’s personal income.
Single Family
Built in 2007
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76642, Groesbeck, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,698
Single Family
2,697
Multi-Family
1
Businesses
349
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Listed by: Gina Wesneske • Zuri Properties
Mls Name: HAR
Mls Provider:
Mls ID: #41841111
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