626 N Parrish 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 626 N Parrish St, Angleton, TX, 77515 priced at $365,000 converts $1,784/mo rent into after a $1,786/mo obligation. Total monthly income equals $1,784/mo. Return on cash invested prints 11.86% in year one, and rental yield reads 5.87% against a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation compiles into $100,843 by year five. Five-year ROI reaches 60.9% and total cumulative return in cash sums $73,687. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,784/mo property income covering a $1,786/mo payment, not borrower’s personal income.
Single Family
Built in 1971
0.30 Acres 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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Listed by: Wendy Hardin • Keller Williams Realty Southwest
Mls Name: HAR
Mls Provider:
Mls ID: #92534740
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