10 Covey LnSangerTX76266
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 Sanger at 10 Covey Ln, Sanger, TX, 76266 at $487,900 posts ROI 23.47% with $480/mo cash flow from $3,950/mo rent. Total monthly income equals $3,950/mo, and annual cash flow records $5,766/yr on $161,739 to close. Return on cash invested measures 23.47% and rental yield reads 9.72% at the current $487,900. Equity gained on principal adds $3,148/yr, and 5% annual appreciation supports $134,798 by year five. Five-year ROI prints 123.17% and total cumulative return in cash totals $199,213.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,950/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76266, Sanger, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,762 (100%) |
| Owner Occupied HU | 5,002 (74.0%) |
| Renter Occupied HU | 1,456 (21.5%) |
| Vacant Housing Units | 304 ( 4.5%) |
| Median Home Value | $400,483 |
| Average Home Value | $485,892 |
Housing Distribution
Address Breakdown
Residential
6,911
Single Family
6,631
Multi-Family
280
Businesses
415
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