111 Grandview PlaceAlamo HeightsTX78209
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 111 Grandview Place, Alamo Heights, TX, 78209 in Alamo Heights worth study. Rental yield 2.26%. The 2.26% gross yield is below cash-flow benchmarks at $895,000, but 5% annual appreciation, adding $247,272 over five years, frames this as a capital growth position. Rent of $1,687/mo partially offsets the $4,024/mo payment. Ziffy Mortgage finances appreciation-play properties (0.42 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $42,027.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 2.3% | 6.2% |
| Monthly Cash Flow | $(4,677) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,687 |
| Total Monthly Debt Service | $6,008 |
| DSCR Ratio | 0.28x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1945
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78209, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,391 (100%) |
| Owner Occupied HU | 10,308 (48.2%) |
| Renter Occupied HU | 8,662 (40.5%) |
| Vacant Housing Units | 2,421 (11.3%) |
| Median Home Value | $525,899 |
| Average Home Value | $664,334 |
Housing Distribution
Address Breakdown
Residential
20,780
Single Family
11,675
Multi-Family
9,105
Businesses
2,454
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
Multi Family
Built in 1945
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78209, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,391 (100%) |
| Owner Occupied HU | 10,308 (48.2%) |
| Renter Occupied HU | 8,662 (40.5%) |
| Vacant Housing Units | 2,421 (11.3%) |
| Median Home Value | $525,899 |
| Average Home Value | $664,334 |
Housing Distribution
Address Breakdown
Residential
20,780
Single Family
11,675
Multi-Family
9,105
Businesses
2,454
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: LERA MLS
Mls ID: #1948533