116 Martingale TrailBanderaTX78003
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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
Rental property for sale in Bandera at 116 Martingale Trail, Bandera, TX, 78003 priced at $359,999 converts $1,050/mo rent into after a $1,762/mo obligation. Total monthly income equals $1,050/mo. Return on cash invested prints 4.73% in year one, and rental yield reads 3.5% against a $359,999 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,461 by year five. Five-year ROI reaches 22.62% and total cumulative return in cash sums $26,997. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,050/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 2017
2.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78003, Bandera, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,611 (100%) |
| Owner Occupied HU | 3,748 (66.8%) |
| Renter Occupied HU | 736 (13.1%) |
| Vacant Housing Units | 1,127 (20.1%) |
| Median Home Value | $274,510 |
| Average Home Value | $383,783 |
Housing Distribution
Address Breakdown
Residential
3,940
Single Family
3,864
Multi-Family
76
Businesses
460
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