1301 Spring RdRangerTX76470
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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 Ranger at 1301 Spring Rd, Ranger, TX, 76470 generates $990/mo in rent and, after a $612/mo payment, leaves $101/mo in cash flow. Total monthly income is $990/mo, and annual cash flow is $1,211/yr on $41,438 invested. Return on cash invested sits at 22.83% in year one, and rental yield is 9.5% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 119.76% and total cumulative return in cash sums $49,625. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $990/mo property income rather than buyer’s personal income.
Manufactured
Built in 1984
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76470, Ranger, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,632 (100%) |
| Owner Occupied HU | 847 (51.9%) |
| Renter Occupied HU | 410 (25.1%) |
| Vacant Housing Units | 375 (23.0%) |
| Median Home Value | $122,246 |
| Average Home Value | $257,223 |
Housing Distribution
Address Breakdown
Residential
1,387
Single Family
1,288
Multi-Family
99
Businesses
136
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