112 County Road 440HondoTX78861
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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 112 County Road 440, Hondo, TX, 78861 offers a 10.17% rental yield on a $354,300 purchase with $3,004/mo rent. Total monthly income registers $3,004/mo, and a $1,734/mo payment leaves $485/mo available for distribution. Annual cash flow reaches $5,816/yr on $117,450 to close, and return on cash invested stands at 24.86% in year one. Equity gained on principal adds $2,286/yr while 5% annual appreciation supports $97,887 over five years. Portfolio math shows five-year ROI at 130.61% and total cumulative return in cash at $153,404. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,004/mo property income against a $1,734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
1.50 Acres 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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