108 Scarborough WaySan MarcosTX78666
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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 Marcos at 108 Scarborough Way, San Marcos, TX, 78666 priced at $346,900 converts $3,067/mo rent into $573/mo cash flow after a $1,698/mo obligation. Total monthly income equals $3,067/mo, and annual cash flow totals $6,880/yr on $114,997 invested. Return on cash invested prints 25.89% in year one, and rental yield reads 10.61% against a $346,900 entry. Equity gained on principal adds $2,238/yr, while 5% annual appreciation compiles into $95,842 by year five. Five-year ROI reaches 136.24% and total cumulative return in cash sums $156,673. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,067/mo property income covering a $1,698/mo payment, not borrower’s personal income.
Single Family
Built in 2022
4,486 sqft lot
$N/A/sqft
$80 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78666, San Marcos, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 43,075 (100%) |
| Owner Occupied HU | 15,586 (36.2%) |
| Renter Occupied HU | 23,173 (53.8%) |
| Vacant Housing Units | 4,316 (10.0%) |
| Median Home Value | $338,265 |
| Average Home Value | $387,771 |
Housing Distribution
Address Breakdown
Residential
35,098
Single Family
22,235
Multi-Family
12,863
Businesses
2,306
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Listed by: Maria Elena Alcala • Phyllis Browning Company
Mls Name: SABOR
Mls Provider:
Mls ID: #1759849
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.