626 N Schroeder AveSan AngeloTX76905
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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
Investment property for sale in San Angelo at 626 N Schroeder Ave, San Angelo, TX, 76905 uses $38,123 cash to close to unlock $3,649/yr annual cash flow and $304/mo monthly cash flow. Total monthly income runs $1,122/mo, and a $563/mo payment keeps the spread at $304/mo. Purchase price stands at $115,000, and rental yield measures 11.71% with $1,122/mo rent. Return on cash invested shows 29.48% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 155.52% and total cumulative return in cash records $59,289. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,122/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1959
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76905, San Angelo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,189 (100%) |
| Owner Occupied HU | 3,238 (62.4%) |
| Renter Occupied HU | 1,458 (28.1%) |
| Vacant Housing Units | 493 ( 9.5%) |
| Median Home Value | $195,217 |
| Average Home Value | $252,342 |
Housing Distribution
Address Breakdown
Residential
4,963
Single Family
4,432
Multi-Family
531
Businesses
109
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Listed by: Jim Hadley • Advantage Realty
Mls Name: San Angelo AOR
Mls ID: #129465