705 E 2nd StSonoraTX76950
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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 Sonora at 705 E 2nd St, Sonora, TX, 76950 generates $1,353/mo in rent and, after a $830/mo payment, leaves $147/mo in cash flow. Total monthly income is $1,353/mo, and annual cash flow is $1,767/yr on $56,189 invested. Return on cash invested sits at 23.05% in year one, and rental yield is 9.58% on a $169,500 entry. Equity gained on principal adds $1,094/yr, while 5% annual appreciation builds toward $46,830 over five years. Five-year ROI reaches 120.98% and total cumulative return in cash sums $67,976. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,353/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76950, Sonora, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,861 (100%) |
| Owner Occupied HU | 991 (53.3%) |
| Renter Occupied HU | 356 (19.1%) |
| Vacant Housing Units | 514 (27.6%) |
| Median Home Value | $168,856 |
| Average Home Value | $199,261 |
Housing Distribution
Address Breakdown
Residential
1,166
Single Family
1,113
Multi-Family
53
Businesses
263
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