104 FairwayFloresvilleTX78114
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 104 Fairway, Floresville, TX, 78114 in Floresville worth modelling. At $398,000 with a 8.74% gross yield, the $2,898/mo rent leaves $36/mo after the $1,790/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.62 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $109,960 by year five; $3,666/yr in principal reduction adds further equity. Total projected return: $156,853.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.2% |
| Monthly Cash Flow | $36 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,898 |
| Total Monthly Debt Service | $2,672 |
| DSCR Ratio | 1.08x |
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 2018
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78114, Floresville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,050 (100%) |
| Owner Occupied HU | 6,869 (75.9%) |
| Renter Occupied HU | 1,496 (16.5%) |
| Vacant Housing Units | 685 ( 7.6%) |
| Median Home Value | $299,331 |
| Average Home Value | $349,283 |
Housing Distribution
Address Breakdown
Residential
8,721
Single Family
8,580
Multi-Family
141
Businesses
609
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 2018
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78114, Floresville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,050 (100%) |
| Owner Occupied HU | 6,869 (75.9%) |
| Renter Occupied HU | 1,496 (16.5%) |
| Vacant Housing Units | 685 ( 7.6%) |
| Median Home Value | $299,331 |
| Average Home Value | $349,283 |
Housing Distribution
Address Breakdown
Residential
8,721
Single Family
8,580
Multi-Family
141
Businesses
609
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: LERA MLS
Mls ID: #1938461