2321 Coleman StSan AngeloTX76901
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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 San Angelo at 2321 Coleman St, San Angelo, TX, 76901 uses $41,404 cash to close to unlock $1,370/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $1,002/mo, and a $611/mo payment keeps the spread at $114/mo. Purchase price stands at $124,900, and rental yield measures 9.63% with $1,002/mo rent. Return on cash invested shows 23.22% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 121.89% and total cumulative return in cash records $50,470. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,002/mo property income covering a $611/mo payment rather than investor’s personal income.
Single Family
Built in 1959
7,143 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76901, San Angelo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,347 (100%) |
| Owner Occupied HU | 8,284 (62.1%) |
| Renter Occupied HU | 3,887 (29.1%) |
| Vacant Housing Units | 1,176 ( 8.8%) |
| Median Home Value | $207,330 |
| Average Home Value | $268,773 |
Housing Distribution
Address Breakdown
Residential
13,769
Single Family
12,231
Multi-Family
1,538
Businesses
835
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Listed by: Tony Panian Jr. • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21104526