1204 Joseph LnSan AngeloTX76905
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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 San Angelo at 1204 Joseph Ln, San Angelo, TX, 76905 offers $3,102/mo rent that, after a $1,248/mo payment, leaves $1,289/mo cash flow. Total monthly income is $3,102/mo, and annual cash flow is $15,465/yr on $84,533 cash. Return on cash invested measures 38.2% in year one, and rental yield stands at 14.6% at a $255,000 entry. Equity gained on principal adds $1,645/yr while 5% annual appreciation compounds into $70,452 by year five. Five-year ROI records 202.17% and total cumulative return in cash reaches $170,900. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,102/mo property income versus a $1,248/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76905, San Angelo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,189 (100%) |
| Owner Occupied HU | 3,238 (62.4%) |
| Renter Occupied HU | 1,458 (28.1%) |
| Vacant Housing Units | 493 ( 9.5%) |
| Median Home Value | $195,217 |
| Average Home Value | $252,342 |
Housing Distribution
Address Breakdown
Residential
4,963
Single Family
4,432
Multi-Family
531
Businesses
109
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Listed by: Kane Harris • Coldwell Banker Legacy
Mls Name: San Angelo AOR
Mls Provider:
Mls ID: #120741
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.