1318 E Harris AveSan 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
Rental property for sale in San Angelo at 1318 E Harris Ave, San Angelo, TX, 76903 offers $1,005/mo rent that, after a $538/mo payment, leaves $223/mo cash flow. Total monthly income is $1,005/mo, and annual cash flow is $2,678/yr on $36,465 cash. Return on cash invested measures 27.25% in year one, and rental yield stands at 10.96% at a $110,000 entry. Equity gained on principal adds $710/yr while 5% annual appreciation compounds into $30,391 by year five. Five-year ROI records 143.54% and total cumulative return in cash reaches $52,344. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,005/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
9,496 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: Aurora Prieto • Scott Allison Real Estate
Mls Name: San Angelo AOR
Mls Provider:
Mls ID: #125993
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.