4008 Waterfront DrSangerTX76266
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
Investment Highlights
Rental property for sale in Sanger at 4008 Waterfront Dr, Sanger, TX, 76266 priced at $363,400 converts $3,380/mo rent into $764/mo cash flow after a $1,779/mo obligation. Total monthly income equals $3,380/mo, and annual cash flow totals $9,165/yr on $120,467 invested. Return on cash invested prints 27.52% in year one, and rental yield reads 11.16% against a $363,400 entry. Equity gained on principal adds $2,345/yr, while 5% annual appreciation compiles into $100,401 by year five. Five-year ROI reaches 144.96% and total cumulative return in cash sums $174,633. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,380/mo property income covering a $1,779/mo payment, not borrower’s personal income.
Single Family
Built in 2019
8,973 sqft lot
$N/A/sqft
$16 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76266, Sanger, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,762 (100%) |
| Owner Occupied HU | 5,002 (74.0%) |
| Renter Occupied HU | 1,456 (21.5%) |
| Vacant Housing Units | 304 ( 4.5%) |
| Median Home Value | $400,483 |
| Average Home Value | $485,892 |
Housing Distribution
Address Breakdown
Residential
6,911
Single Family
6,631
Multi-Family
280
Businesses
415
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