








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Hondo at 1102 24th, Hondo, TX, 78861 generates $2,125/mo in rent and, after a $1,364/mo payment, leaves $143/mo in cash flow. Total monthly income is $2,125/mo, and annual cash flow is $1,721/yr on $92,356 invested. Return on cash invested sits at 21.77% in year one, and rental yield is 9.15% on a $278,600 entry. Equity gained on principal adds $1,798/yr, while 5% annual appreciation builds toward $76,972 over five years. Five-year ROI reaches 114.06% and total cumulative return in cash sums $105,337. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,125/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78861, Hondo, TX area.
| 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 |
Residential
4,995
Single Family
4,617
Multi-Family
378
Businesses
502
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Wayne Springer • John Chunn Realty, LLC
Mls Name: SABOR
Mls ID: #1889974