513 Farrer StAngletonTX77515
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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 Angleton at 513 Farrer St, Angleton, TX, 77515 offers $1,267/mo rent that, after a $807/mo payment, leaves $94/mo cash flow. Total monthly income is $1,267/mo, and annual cash flow is $1,134/yr on $54,664 cash. Return on cash invested measures 21.98% in year one, and rental yield stands at 9.22% at a $164,900 entry. Equity gained on principal adds $1,064/yr while 5% annual appreciation compounds into $45,559 by year five. Five-year ROI records 115.21% and total cumulative return in cash reaches $62,980. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,267/mo property income versus a $807/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
8,102 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77515, Angleton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,883 (100%) |
| Owner Occupied HU | 9,301 (67.0%) |
| Renter Occupied HU | 3,197 (23.0%) |
| Vacant Housing Units | 1,385 ( 10.0%) |
| Median Home Value | $258,127 |
| Average Home Value | $284,750 |
Housing Distribution
Address Breakdown
Residential
12,820
Single Family
10,646
Multi-Family
2,174
Businesses
902
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