N Fm 1692MilesTX76861
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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 Miles at N Fm 1692, Miles, TX, 76861 earns $719/mo cash flow from $1,589/mo rent with a $599/mo payment. Total monthly income totals $1,589/mo, and annual cash flow totals $8,622/yr on $40,600 capital. ROI tracks 41.15% on current figures, and rental yield reads 15.57% at a $122,475 purchase. Equity gained on principal adds $790/yr, and 5% annual appreciation supports $33,838 over five years. Five-year ROI reaches 217.99% and total cumulative return in cash sums $88,504. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,589/mo property income instead of your personal income.
Lot
Built in N/A
10.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76861, Miles, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 899 (100%) |
| Owner Occupied HU | 601 (66.9%) |
| Renter Occupied HU | 142 (15.8%) |
| Vacant Housing Units | 156 (17.4%) |
| Median Home Value | $257,381 |
| Average Home Value | $271,394 |
Housing Distribution
Address Breakdown
Residential
572
Single Family
572
Multi-Family
0
Businesses
46
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Listed by: New Door Team • Coldwell Banker Legacy
Mls Name: San Angelo AOR
Mls Provider:
Mls ID: #120339
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.