901 Cherry 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 901 Cherry St, Ranger, TX, 76470 with 5% annual appreciation on a $314,000 basis while $3,044/mo rent supports operations. Total monthly income totals $3,044/mo and a $1,537/mo payment preserves $811/mo for cash returns. Annual cash flow comes to $9,732/yr on $104,091 deployed, and return on cash invested reaches 29.26% in year one. Equity gained on principal adds $2,026/yr, and five-year appreciation sums $86,752 alongside rental yield of 11.63%. Five-year ROI measures 154.18% and total cumulative return in cash totals $160,491.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,044/mo property income versus a $1,537/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1937
0.32 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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Listed by: Johnny Wells • RANGER REALTY
Mls Name: NTREIS
Mls ID: #20671593
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.