98 Belaire AveSan AngeloTX76903
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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 San Angelo at 98 Belaire Ave, San Angelo, TX, 76903 priced at $104,000 converts $796/mo rent into $56/mo cash flow after a $509/mo obligation. Total monthly income equals $796/mo, and annual cash flow totals $678/yr on $34,476 invested. Return on cash invested prints 21.87% in year one, and rental yield reads 9.18% against a $104,000 entry. Equity gained on principal adds $671/yr, while 5% annual appreciation compiles into $28,733 by year five. Five-year ROI reaches 114.69% and total cumulative return in cash sums $39,540. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $796/mo property income covering a $509/mo payment, not borrower’s personal income.
Single Family
Built in 1949
8,755 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76903, San Angelo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,256 (100%) |
| Owner Occupied HU | 7,559 (49.5%) |
| Renter Occupied HU | 5,851 (38.4%) |
| Vacant Housing Units | 1,846 (12.1%) |
| Median Home Value | $132,623 |
| Average Home Value | $177,445 |
Housing Distribution
Address Breakdown
Residential
14,238
Single Family
11,959
Multi-Family
2,279
Businesses
1,706
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Listed by: Edward Mcclintick • Joseph Walter Realty, LLC
Mls Name: NTREIS
Mls ID: #21105869