9949 N State Highway 94GrovetonTX75845
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Groveton at 9949 N State Highway 94, Groveton, TX, 75845 offers a 10.2% rental yield on a $137,400 purchase with $1,168/mo rent. Total monthly income registers $1,168/mo, and a $673/mo payment leaves $190/mo available for distribution. Annual cash flow reaches $2,285/yr on $45,548 to close, and return on cash invested stands at 24.93% in year one. Equity gained on principal adds $887/yr while 5% annual appreciation supports $37,961 over five years. Portfolio math shows five-year ROI at 131.01% and total cumulative return in cash at $59,674. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,168/mo property income against a $673/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1996
1.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75845, Groveton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,635 (100%) |
| Owner Occupied HU | 994 (60.8%) |
| Renter Occupied HU | 259 (15.8%) |
| Vacant Housing Units | 382 (23.4%) |
| Median Home Value | $114,096 |
| Average Home Value | $170,719 |
Housing Distribution
Address Breakdown
Residential
943
Single Family
943
Multi-Family
0
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices