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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% |
Rental property for sale in Mertzon at 1305 N Broadway St, Mertzon, TX, 76941 priced at $359,000 pairs $0/mo rent with after a $1,757/mo payment. Total monthly income equals $0/mo. Return on cash invested is -5.83% in year one, and rental yield stands at 0% on a $359,000 basis. Equity gained on principal adds $2,317/yr, and 5% annual appreciation accumulates to $99,185 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,757/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76941, Mertzon, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 676 (100%) |
| Owner Occupied HU | 441 (65.2%) |
| Renter Occupied HU | 113 (16.7%) |
| Vacant Housing Units | 122 (18.0%) |
| Median Home Value | $170,486 |
| Average Home Value | $178,690 |
Residential
122
Single Family
122
Multi-Family
0
Businesses
77
Date | Event | Price |
|---|---|---|
| 2024-09-25 | Price change | $359,000 |
| 2024-08-13 | Price change | $379,000 |
| 2024-07-29 | Listed for sale | $399,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | N/A | N/A | $185,740 | -2.64% |
| 2022-10-14 | N/A | N/A | $190,780 | N/A |
| 2021-10-14 | N/A | N/A | $190,780 | 6.99% |
No similar rental properties found nearby.
No similar price properties found nearby.
Listed by: Steven Yarbrough • ERA Newlin & Company
Mls Name: San Angelo AOR
Mls Provider:
Mls ID: #121950
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.
