213 S 6th StSangerTX76266
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sanger at 213 S 6th St, Sanger, TX, 76266 generates $2,029/mo in rent and, after a $489/mo payment, leaves $1,318/mo in cash flow. Total monthly income is $2,029/mo, and annual cash flow is $15,820/yr on $33,150 invested. Return on cash invested sits at 67.63% in year one, and rental yield is 24.35% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 360.08% and total cumulative return in cash sums $119,368. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,029/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
7,143 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices