2702 Forest Park AveSan 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 2702 Forest Park Ave, San Angelo, TX, 76901 offers a 9.51% rental yield on a $125,000 purchase with $991/mo rent. Total monthly income registers $991/mo, and a $612/mo payment leaves $102/mo available for distribution. Annual cash flow reaches $1,223/yr on $41,438 to close, and return on cash invested stands at 22.86% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 119.9% and total cumulative return in cash at $49,685. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $991/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
10,000 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: Sky Schmickle • Concho Capital Real Estate, LLC
Mls Name: San Angelo AOR
Mls Provider:
Mls ID: #127211
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.