1324 Fair DrAngletonTX77515
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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 Angleton at 1324 Fair Dr, Angleton, TX, 77515 priced at $285,000 converts $2,089/mo rent into $62/mo cash flow after a $1,395/mo obligation. Total monthly income equals $2,089/mo, and annual cash flow totals $747/yr on $94,478 invested. Return on cash invested prints 20.7% in year one, and rental yield reads 8.8% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 108.32% and total cumulative return in cash sums $102,342. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,089/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 1958
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77515, Angleton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,883 (100%) |
| Owner Occupied HU | 9,301 (67.0%) |
| Renter Occupied HU | 3,197 (23.0%) |
| Vacant Housing Units | 1,385 ( 10.0%) |
| Median Home Value | $258,127 |
| Average Home Value | $284,750 |
Housing Distribution
Address Breakdown
Residential
12,820
Single Family
10,646
Multi-Family
2,174
Businesses
902
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Listed by: Will Harvey • Texas United Realty
Mls Name: HAR
Mls Provider:
Mls ID: #31034046
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