309 Ferguson StMilesTX76861
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 309 Ferguson St, Miles, TX, 76861 in Miles is the 1.57 coverage ratio: rent of $1,463/mo versus a $933/mo debt payment on a $207,500 property. Rental yield 8.46%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $57,328 by year five, with $1,911/yr in equity from paydown. Total projected cumulative return: $78,758.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.2% |
| Monthly Cash Flow | $(13) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,463 |
| Total Monthly Debt Service | $1,393 |
| DSCR Ratio | 1.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1955
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76861, Miles, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 899 (100%) |
| Owner Occupied HU | 601 (66.9%) |
| Renter Occupied HU | 142 (15.8%) |
| Vacant Housing Units | 156 (17.4%) |
| Median Home Value | $257,381 |
| Average Home Value | $271,394 |
Housing Distribution
Address Breakdown
Residential
572
Single Family
572
Multi-Family
0
Businesses
46
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
Single Family
Built in 1955
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76861, Miles, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 899 (100%) |
| Owner Occupied HU | 601 (66.9%) |
| Renter Occupied HU | 142 (15.8%) |
| Vacant Housing Units | 156 (17.4%) |
| Median Home Value | $257,381 |
| Average Home Value | $271,394 |
Housing Distribution
Address Breakdown
Residential
572
Single Family
572
Multi-Family
0
Businesses
46
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly Kelley • ERA Newlin & Company
Mls Name: San Angelo AOR
Mls Provider:
Mls ID: #126204
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.