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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
No similar price properties found nearby.
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Mertzon at 301 5th St, Mertzon, TX, 76941 generates $0/mo in rent, after a $974/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.83% in year one, and rental yield is 0% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76941, Mertzon, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 676 (100%) |
| Owner Occupied HU | 441 (65.2%) |
| Renter Occupied HU | 113 (16.7%) |
| Vacant Housing Units | 122 (18.0%) |
| Median Home Value | $170,486 |
| Average Home Value | $178,690 |
Residential
122
Single Family
122
Multi-Family
0
Businesses
77
Date | Event | Price |
|---|---|---|
| 2024-01-02 | Price change | $199,000 |
| 2023-06-29 | Listed for sale | $216,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $82,680 | N/A |
| 2023-12-27 | N/A | N/A | N/A | N/A |
| 2022-12-27 | N/A | N/A | $77,850 | 10.00% |
No similar rental properties found nearby.
No similar price properties found nearby.
Listed by: Mike Dolan • United Country Real Estate/M&M Ranch Land Investments, LLC
Mls Name: San Angelo AOR
Mls Provider:
Mls ID: #113625
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.
