800 Melvin StRangerTX76470
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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 Ranger at 800 Melvin St, Ranger, TX, 76470 with 5% annual appreciation on a $129,900 basis while $1,008/mo rent supports operations. Total monthly income totals $1,008/mo and a $636/mo payment preserves $84/mo for cash returns. Annual cash flow comes to $1,009/yr on $43,062 deployed, and return on cash invested reaches 22.25% in year one. Equity gained on principal adds $838/yr, and five-year appreciation sums $35,889 alongside rental yield of 9.31%. Five-year ROI measures 116.75% and total cumulative return in cash totals $50,275.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,008/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2000
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76470, Ranger, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,632 (100%) |
| Owner Occupied HU | 847 (51.9%) |
| Renter Occupied HU | 410 (25.1%) |
| Vacant Housing Units | 375 (23.0%) |
| Median Home Value | $122,246 |
| Average Home Value | $257,223 |
Housing Distribution
Address Breakdown
Residential
1,387
Single Family
1,288
Multi-Family
99
Businesses
136
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