201 S 2nd StBangsTX76823
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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
Investment property for sale in Bangs at 201 S 2nd St, Bangs, TX, 76823 listed at $129,000 pairs $1,003/mo rent with a $631/mo payment to leave $86/mo cash flow. Total monthly income runs $1,003/mo, and annual cash flow reaches $1,033/yr on $42,764 cash to close. Return on cash invested measures 22.32% in year one, and rental yield registers 9.33% at a $129,000 basis. Equity gained on principal adds $832/yr, and annual property appreciation at 5% supports $35,640 by year five. Five-year ROI tracks 117.1% and total cumulative return in cash totals $50,077. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,003/mo property income relative to a $631/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
7,230 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76823, Bangs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,280 (100%) |
| Owner Occupied HU | 843 (65.9%) |
| Renter Occupied HU | 246 (19.2%) |
| Vacant Housing Units | 191 (14.9%) |
| Median Home Value | $177,123 |
| Average Home Value | $238,600 |
Housing Distribution
Address Breakdown
Residential
968
Single Family
932
Multi-Family
36
Businesses
76
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