601 W 15th StRobert LeeTX76945
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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 Robert Lee at 601 W 15th St, Robert Lee, TX, 76945 offers $0/mo rent that, after a $978/mo payment. Total monthly income is $0/mo. Return on cash invested measures -5.83% in year one, and rental yield stands at 0% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
5,929 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76945, Robert Lee, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,107 (100%) |
| Owner Occupied HU | 596 (53.8%) |
| Renter Occupied HU | 163 (14.7%) |
| Vacant Housing Units | 348 (31.4%) |
| Median Home Value | $104,360 |
| Average Home Value | $140,294 |
Housing Distribution
Address Breakdown
Residential
459
Single Family
459
Multi-Family
0
Businesses
71
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Sky Schmickle • Concho Capital Real Estate, LLC
Mls Name: San Angelo AOR
Mls ID: #125530