3101 Grove DrSan AngeloTX76903
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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
Rental property for sale in San Angelo at 3101 Grove Dr, San Angelo, TX, 76903 generates $1,706/mo in rent and, after a $871/mo payment, leaves $440/mo in cash flow. Total monthly income is $1,706/mo, and annual cash flow is $5,285/yr on $59,007 invested. Return on cash invested sits at 28.87% in year one, and rental yield is 11.5% on a $178,000 entry. Equity gained on principal adds $1,149/yr, while 5% annual appreciation builds toward $49,178 over five years. Five-year ROI reaches 152.14% and total cumulative return in cash sums $89,773. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,706/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
4,443 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76903, San Angelo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,256 (100%) |
| Owner Occupied HU | 7,559 (49.5%) |
| Renter Occupied HU | 5,851 (38.4%) |
| Vacant Housing Units | 1,846 (12.1%) |
| Median Home Value | $132,623 |
| Average Home Value | $177,445 |
Housing Distribution
Address Breakdown
Residential
14,238
Single Family
11,959
Multi-Family
2,279
Businesses
1,706
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Listed by: Chris Chill Hill Team • RE/MAX Home and Ranch
Mls Name: San Angelo AOR
Mls ID: #129518