309 Ferguson StMilesTX76861
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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 Miles at 309 Ferguson St, Miles, TX, 76861 offers a 8.46% rental yield on a $207,500 purchase with $1,463/mo rent. 68% in year one. Equity gained on principal adds $1,339/yr while 5% annual appreciation supports $57,328 over five years. Portfolio math shows five-year ROI at 102.91% and total cumulative return in cash at $70,787. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,463/mo property income against a $1,016/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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Listed by: Kimberly Kelley • ERA Newlin & Company
Mls Name: San Angelo AOR
Mls Provider:
Mls ID: #126204
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