115 Morrill AveSan AntonioTX78214
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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 San Antonio at 115 Morrill Ave, San Antonio, TX, 78214 uses $51,383 cash to close to unlock $1,445/yr annual cash flow and $120/mo monthly cash flow. Total monthly income runs $1,223/mo, and a $759/mo payment keeps the spread at $120/mo. Purchase price stands at $155,000, and rental yield measures 9.47% with $1,223/mo rent. Return on cash invested shows 22.72% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 119.18% and total cumulative return in cash records $61,240. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,223/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1953
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78214, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,841 (100%) |
| Owner Occupied HU | 4,685 (53.0%) |
| Renter Occupied HU | 3,290 (37.2%) |
| Vacant Housing Units | 866 ( 9.8%) |
| Median Home Value | $152,310 |
| Average Home Value | $197,813 |
Housing Distribution
Address Breakdown
Residential
8,024
Single Family
6,966
Multi-Family
1,058
Businesses
716
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Listed by: Carolina Corona • eXp Realty
Mls Name: LERA MLS
Mls ID: #1936942