708 Northridge StAngletonTX77515
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Angleton at 708 Northridge St, Angleton, TX, 77515 uses $92,785 cash to close to unlock $4,531/yr annual cash flow and $378/mo monthly cash flow. Total monthly income runs $2,368/mo, and a $1,370/mo payment keeps the spread at $378/mo. Purchase price stands at $279,895, and rental yield measures 10.15% with $2,368/mo rent. Return on cash invested shows 24.79% in year one, and 5% annual appreciation builds toward $77,330 over five years. Five-year ROI reaches 130.25% and total cumulative return in cash records $120,852. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,368/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1958
9,099 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices