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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in San Angelo at 5813 Melrose Ave, San Angelo, TX, 76901 offers a 5.69% rental yield on a $327,500 purchase with $1,554/mo rent. 34% in year one. Equity gained on principal adds $2,113/yr while 5% annual appreciation supports $90,482 over five years. Portfolio math shows five-year ROI at 58.16% and total cumulative return in cash at $63,138. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,554/mo property income against a $1,603/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76901, San Angelo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,347 (100%) |
| Owner Occupied HU | 8,284 (62.1%) |
| Renter Occupied HU | 3,887 (29.1%) |
| Vacant Housing Units | 1,176 ( 8.8%) |
| Median Home Value | $207,330 |
| Average Home Value | $268,773 |
Residential
13,769
Single Family
12,231
Multi-Family
1,538
Businesses
835
Date | Event | Price |
|---|---|---|
| 2024-08-05 | Listed for sale | $327,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $3346.57 | -13.11% | $304,770 | 10.57% |
| 2022-08-13 | $3851.33 | -2.66% | $275,630 | 40.66% |
| 2021-08-13 | $3956.75 | N/A | $195,960 | N/A |
Listed by: The Herbert Group • Keller Williams Synergy
Mls Name: San Angelo AOR
Mls Provider:
Mls ID: #122028
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
