110 Morelos AveRancho ViejoTX78575
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
Investment Highlights
Investment property for sale in Rancho Viejo at 110 Morelos Ave, Rancho Viejo, TX, 78575 listed at $264,500 pairs $1,788/mo rent with a $1,295/mo payment. Total monthly income runs $1,788/mo. Return on cash invested measures 18.63% in year one, and rental yield registers 8.11% at a $264,500 basis. Equity gained on principal adds $1,707/yr, and annual property appreciation at 5% supports $73,076 by year five. Five-year ROI tracks 97.21% and total cumulative return in cash totals $85,238. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,788/mo property income relative to a $1,295/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78575, Olmito, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,963 (100%) |
| Owner Occupied HU | 1,766 (59.6%) |
| Renter Occupied HU | 695 (23.5%) |
| Vacant Housing Units | 502 (16.9%) |
| Median Home Value | $265,753 |
| Average Home Value | $304,388 |
Housing Distribution
Address Breakdown
Residential
2,621
Single Family
2,256
Multi-Family
365
Businesses
208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Walker • Walker Realty
Mls Name: SPIBOR
Mls ID: #104510