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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Ballinger at 1100 N 8th St, Ballinger, TX, 76821 earns from $630/mo rent with a $954/mo payment. Total monthly income totals $630/mo. ROI tracks 5.87% on current figures, and rental yield reads 3.88% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 28.77% and total cumulative return in cash sums $18,598. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $630/mo property income instead of your personal income.
Single Family
Built in 1940
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76821, Ballinger, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,283 (100%) |
| Owner Occupied HU | 1,384 (60.6%) |
| Renter Occupied HU | 427 (18.7%) |
| Vacant Housing Units | 472 (20.7%) |
| Median Home Value | $115,526 |
| Average Home Value | $148,624 |
Residential
1,943
Single Family
1,921
Multi-Family
22
Businesses
283
Date | Event | Price |
|---|---|---|
| 2024-11-28 | Listed for sale | $195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $870.49 | 4.57% | $148,100 | 9.15% |
| 2023-02-13 | $832.42 | -1.13% | $135,680 | 18.25% |
| 2022-02-13 | $841.90 | 2.67% | $114,740 | 1.97% |
Listed by: Donna Williams • Big Country Realty
Mls Name: San Angelo AOR
Mls Provider:
Mls ID: #125413
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.
