1109 Esplanade ParkwaySan MarcosTX78666
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
Rental property for sale in San Marcos at 1109 Esplanade Parkway, San Marcos, TX, 78666 generates $2,570/mo in rent and, after a $1,463/mo payment, leaves $359/mo in cash flow. Total monthly income is $2,570/mo, and annual cash flow is $4,311/yr on $99,119 invested. Return on cash invested sits at 24.26% in year one, and rental yield is 10.31% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 127.77% and total cumulative return in cash sums $126,646. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,570/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
0.25 Acres lot
$N/A/sqft
$85 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lavenia Johnson • BK Real Estate LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1864720
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.