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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in San Angelo at 2242 Joy Rd, San Angelo, TX, 76904 listed at $389,900 pairs $2,010/mo rent with a $1,908/mo payment. Total monthly income runs $2,010/mo. Return on cash invested measures 12.79% in year one, and rental yield registers 6.19% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 65.92% and total cumulative return in cash totals $85,201. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,010/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
10,802 sqft lot
$N/A/sqft
$50 annually HOA
Neighborhood data shown for ZIP Code: 76904, San Angelo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,459 (100%) |
| Owner Occupied HU | 9,463 (54.2%) |
| Renter Occupied HU | 6,663 (38.2%) |
| Vacant Housing Units | 1,333 ( 7.6%) |
| Median Home Value | $288,074 |
| Average Home Value | $337,479 |
Residential
17,256
Single Family
12,576
Multi-Family
4,680
Businesses
1,002
Date | Event | Price |
|---|---|---|
| 2024-07-12 | Price change | $389,900 |
| 2024-05-31 | Listed for sale | $399,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $2722.91 | -28.77% | $136,870 | -20.66% |
| 2022-08-13 | $3822.46 | 15.84% | $172,510 | 26.74% |
| 2021-08-13 | $3299.86 | N/A | $136,110 | N/A |
Listed by: Lisa Diebitsch • Berkshire Hathaway Home Services, Addresses REALTORS
Mls Name: San Angelo AOR
Mls Provider:
Mls ID: #121278
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.
