103 David DrSangerTX76266
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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
Rental property for sale in Sanger at 103 David Dr, Sanger, TX, 76266 priced at $269,900 converts $2,143/mo rent into $199/mo cash flow after a $1,321/mo obligation. Total monthly income equals $2,143/mo, and annual cash flow totals $2,385/yr on $89,472 invested. Return on cash invested prints 22.57% in year one, and rental yield reads 9.53% against a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,568 by year five. Five-year ROI reaches 118.47% and total cumulative return in cash sums $106,002. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,143/mo property income covering a $1,321/mo payment, not borrower’s personal income.
Single Family
Built in 1981
7,797 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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Listed by: Drew Hall • Hall Real Estate
Mls Name: NTREIS
Mls ID: #20937376
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.