1101 22ND STHondoTX78861
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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
Investment property for sale in Hondo at 1101 22ND ST, Hondo, TX, 78861 listed at $229,995 pairs $1,951/mo rent with a $1,126/mo payment to leave $274/mo cash flow. Total monthly income runs $1,951/mo, and annual cash flow reaches $3,283/yr on $76,243 cash to close. Return on cash invested measures 24.22% in year one, and rental yield registers 10.18% at a $229,995 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,543 by year five. Five-year ROI tracks 127.4% and total cumulative return in cash totals $97,133. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,951/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
7,318 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78861, Hondo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,087 (100%) |
| Owner Occupied HU | 3,400 (66.8%) |
| Renter Occupied HU | 1,097 (21.6%) |
| Vacant Housing Units | 590 (11.6%) |
| Median Home Value | $226,954 |
| Average Home Value | $278,011 |
Housing Distribution
Address Breakdown
Residential
4,995
Single Family
4,617
Multi-Family
378
Businesses
502
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Listed by: Nicole LaFond • TX SOLD, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1823165
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.