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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Concan at 1023 MARIPOSA AVE, Concan, TX, 78838 generates $4,731/mo in rent, after a $6,828/mo payment. Total monthly income is $4,731/mo. Return on cash invested sits at 6.59% in year one, and rental yield is 4.07% on a $1,395,000 entry. Equity gained on principal adds $9,002/yr, while 5% annual appreciation builds toward $385,413 over five years. Five-year ROI reaches 32.57% and total cumulative return in cash sums $147,214. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,731/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
5.84 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78838, Concan, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 245 (100%) |
| Owner Occupied HU | 111 (45.3%) |
| Renter Occupied HU | 14 ( 5.7%) |
| Vacant Housing Units | 120 (49.0%) |
| Median Home Value | $386,111 |
| Average Home Value | $435,766 |
Residential
58
Single Family
58
Multi-Family
0
Businesses
63
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listed for sale | $1,395,000 |
| 2025-05-20 | Listing removed | $1,395,000 |
| 2024-09-25 | Listed for sale | $1,395,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $14592.54 | 8.21% | $957,328 | 10.04% |
| 2023-05-29 | $13484.90 | -9.97% | $870,004 | 3.23% |
| 2022-05-29 | $14977.75 | 2.42% | $842,773 | 10.81% |
Listed by: Lacie Huddleston • Encina Properties
Mls Name: SABOR
Mls Provider:
Mls ID: #1811607
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.
