902 Severn StRankinTX79778
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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 Rankin at 902 Severn St, Rankin, TX, 79778 at $185,000 posts ROI 22.74% with $145/mo cash flow from $1,460/mo rent. Total monthly income equals $1,460/mo, and annual cash flow records $1,739/yr on $61,328 to close. Return on cash invested measures 22.74% and rental yield reads 9.47% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 119.25% and total cumulative return in cash totals $73,131.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,460/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1953
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79778, Rankin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 336 (100%) |
| Owner Occupied HU | 211 (62.8%) |
| Renter Occupied HU | 70 (20.8%) |
| Vacant Housing Units | 55 (16.4%) |
| Median Home Value | $148,214 |
| Average Home Value | $171,031 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
62
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Nearby investment properties with comparable prices
Listed by: Bryan Skehan • Bunger Real Estate Company
Mls Name: San Angelo AOR
Mls Provider:
Mls ID: #122032
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.