223 Diane DrSangerTX76266
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 223 Diane Dr, Sanger, TX, 76266 priced at $274,900 converts $1,962/mo rent into $8/mo cash flow after a $1,346/mo obligation. Total monthly income equals $1,962/mo, and annual cash flow totals $92/yr on $91,129 invested. Return on cash invested prints 20.01% in year one, and rental yield reads 8.56% against a $274,900 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation compiles into $75,950 by year five. Five-year ROI reaches 104.6% and total cumulative return in cash sums $95,319. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,962/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1981
0.26 Acres 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
Listed by: Amy Cavins • Hall Real Estate
Mls Name: NTREIS
Mls ID: #21031821
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.