153 Ranger Blvd, Salado, TX, 76571 | 8.17% Rental Yield

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153 Ranger Blvd, Salado, TX, 76571 | 8.17% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Salado at 153 Ranger Blvd, Salado, TX, 76571 generates $3,744/mo in rent, after a $2,692/mo payment. Total monthly income is $3,744/mo. Return on cash invested sits at 18.95% in year one, and rental yield is 8.17% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 98.89% and total cumulative return in cash sums $178,942. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,744/mo property income rather than buyer’s personal income.

Single Family

Built in 2016

0.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this well-maintained 2,112 sq ft home located just outside the city limits in the sought-after town of Salado, TX in the Rangers Promise neighborhood. Enjoy all the beauty of small town charm, without the property taxes of being in the Salado village and no fuss of a HOA! Set on a spacious -acre lot, this 4 bedroom, 2 bathroom home offers plenty of room to spread out and enjoy peaceful country living while still being conveniently located to I-35. Inside, youll find a beautifully designed large kitchen featuring granite countertops, real wood cabinets, and a custom-built pantry, perfect for both everyday cooking and entertaining. In the living room, relax near the corner fireplace. Step outside to your private backyard retreat complete with an inground swimming pool (installed in 2020), ideal for cooling off on hot Texas summer days. The property also includes a large metal workshop and an additional storage shed, providing ample space for hobbies, tools, or extra storage. Even with these features, the backyard still has plenty of space to offer for outdoor activities and making the outdoor space your own! Recent updates - such as a new roof installed in July 2022 and a new water heater added in July 2025 - offer added value and peace of mind. With its thoughtful features, generous outdoor space, and prime location just beyond city limits, this Salado home is the perfect blend of comfort, function, and charm.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76571, Salado, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,913 (100%)
Owner Occupied HU	3,095 (79.1%)
Renter Occupied HU	574 (14.7%)
Vacant Housing Units	244 ( 6.2%)
Median Home Value	$445,392
Average Home Value	$511,914