Fm 358/holcombe RdGrovetonTX75845
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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
Investment property for sale in Groveton at Fm 358/holcombe Rd, Groveton, TX, 75845 with 5% annual appreciation on a $204,000 basis while $1,742/mo rent supports operations. Total monthly income totals $1,742/mo and a $998/mo payment preserves $292/mo for cash returns. Annual cash flow comes to $3,502/yr on $67,626 deployed, and return on cash invested reaches 25.09% in year one. Equity gained on principal adds $1,316/yr, and five-year appreciation sums $56,361 alongside rental yield of 10.25%. Five-year ROI measures 131.81% and total cumulative return in cash totals $89,140.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,742/mo property income versus a $998/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Lot
Built in N/A
34 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
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Listed by: Amanda Roden • Legacy Real Estate Group
Mls Name: HAR
Mls Provider:
Mls ID: #65848863
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