3351 Cornell AveSan AngeloTX76904
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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 3351 Cornell Ave, San Angelo, TX, 76904 offers $2,196/mo rent that, after a $1,370/mo payment, leaves $205/mo cash flow. Total monthly income is $2,196/mo, and annual cash flow is $2,464/yr on $92,817 cash. Return on cash invested measures 22.56% in year one, and rental yield stands at 9.41% at a $279,990 entry. Equity gained on principal adds $1,807/yr while 5% annual appreciation compounds into $77,356 by year five. Five-year ROI records 118.32% and total cumulative return in cash reaches $109,818. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,196/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
10,280 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76904, San Angelo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,459 (100%) |
| Owner Occupied HU | 9,463 (54.2%) |
| Renter Occupied HU | 6,663 (38.2%) |
| Vacant Housing Units | 1,333 ( 7.6%) |
| Median Home Value | $288,074 |
| Average Home Value | $337,479 |
Housing Distribution
Address Breakdown
Residential
17,256
Single Family
12,576
Multi-Family
4,680
Businesses
1,002
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