10311 Applesee GroveSan AntonioTX78224
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 10311 Applesee Grove, San Antonio, TX, 78224 in San Antonio worth modelling. At $328,914 with a 9.3% gross yield, the $2,550/mo rent leaves $174/mo after the $1,479/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.72 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $90,873 by year five; $3,029/yr in principal reduction adds further equity. Total projected return: $137,395.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 5.8% |
| Monthly Cash Flow | $174 | $450 |
City averages based on San Antonio market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,550 |
| Total Monthly Debt Service | $2,246 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
4,443 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78224, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,803 (100%) |
| Owner Occupied HU | 4,685 (60.0%) |
| Renter Occupied HU | 2,740 (35.1%) |
| Vacant Housing Units | 378 ( 4.8%) |
| Median Home Value | $211,335 |
| Average Home Value | $264,119 |
Housing Distribution
Address Breakdown
Residential
7,762
Single Family
6,034
Multi-Family
1,728
Businesses
680
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2023
4,443 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78224, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,803 (100%) |
| Owner Occupied HU | 4,685 (60.0%) |
| Renter Occupied HU | 2,740 (35.1%) |
| Vacant Housing Units | 378 ( 4.8%) |
| Median Home Value | $211,335 |
| Average Home Value | $264,119 |
Housing Distribution
Address Breakdown
Residential
7,762
Single Family
6,034
Multi-Family
1,728
Businesses
680
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Signorelli • The Signorelli Company
Mls Name: SABOR
Mls Provider:
Mls ID: #1834438
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.