626 Parsons StSan AngeloTX76903
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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 San Angelo at 626 Parsons St, San Angelo, TX, 76903 offers $1,590/mo rent that, after a $1,062/mo payment, leaves $47/mo cash flow. Total monthly income is $1,590/mo, and annual cash flow is $566/yr on $71,902 cash. Return on cash invested measures 20.7% in year one, and rental yield stands at 8.8% at a $216,900 entry. Equity gained on principal adds $1,400/yr while 5% annual appreciation compounds into $59,925 by year five. Five-year ROI records 108.34% and total cumulative return in cash reaches $77,902. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,590/mo property income versus a $1,062/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76903, San Angelo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,256 (100%) |
| Owner Occupied HU | 7,559 (49.5%) |
| Renter Occupied HU | 5,851 (38.4%) |
| Vacant Housing Units | 1,846 (12.1%) |
| Median Home Value | $132,623 |
| Average Home Value | $177,445 |
Housing Distribution
Address Breakdown
Residential
14,238
Single Family
11,959
Multi-Family
2,279
Businesses
1,706
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Listed by: Alexandra Duran • eXp Realty, LLC
Mls Name: San Angelo AOR
Mls ID: #129761