1037 N Main StSan AngeloTX76903
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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 San Angelo at 1037 N Main St, San Angelo, TX, 76903 uses $49,692 cash to close to unlock $1,569/yr annual cash flow and $131/mo monthly cash flow. Total monthly income runs $1,197/mo, and a $734/mo payment keeps the spread at $131/mo. Purchase price stands at $149,900, and rental yield measures 9.58% with $1,197/mo rent. Return on cash invested shows 23.07% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 121.01% and total cumulative return in cash records $60,131. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,197/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1958
6,882 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76903, San Angelo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,256 (100%) |
| Owner Occupied HU | 7,559 (49.5%) |
| Renter Occupied HU | 5,851 (38.4%) |
| Vacant Housing Units | 1,846 (12.1%) |
| Median Home Value | $132,623 |
| Average Home Value | $177,445 |
Housing Distribution
Address Breakdown
Residential
14,238
Single Family
11,959
Multi-Family
2,279
Businesses
1,706
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Listed by: ABK 1 Team • Scott Allison Real Estate
Mls Name: San Angelo AOR
Mls ID: #129229