203 S 1st StSangerTX76266
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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 Sanger at 203 S 1st St, Sanger, TX, 76266 uses $74,588 cash to close to unlock $3,411/yr annual cash flow and $284/mo monthly cash flow. Total monthly income runs $1,884/mo, and a $1,101/mo payment keeps the spread at $284/mo. Purchase price stands at $225,000, and rental yield measures 10.05% with $1,884/mo rent. Return on cash invested shows 24.48% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 128.62% and total cumulative return in cash records $95,937. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,884/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1980
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76266, Sanger, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,762 (100%) |
| Owner Occupied HU | 5,002 (74.0%) |
| Renter Occupied HU | 1,456 (21.5%) |
| Vacant Housing Units | 304 ( 4.5%) |
| Median Home Value | $400,483 |
| Average Home Value | $485,892 |
Housing Distribution
Address Breakdown
Residential
6,911
Single Family
6,631
Multi-Family
280
Businesses
415
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Listed by: Shelli McBrayer • RE/MAX DFW Associates
Mls Name: NTREIS
Mls ID: #20829808
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.