117 Balancing LaurelSan 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 117 Balancing Laurel, San Marcos, TX, 78666 offers $2,154/mo rent that, after a $5,727/mo payment. Total monthly income is $2,154/mo. Return on cash invested measures 0.85% in year one, and rental yield stands at 2.21% at a $1,170,000 entry. Equity gained on principal adds $7,550/yr while 5% annual appreciation compounds into $323,249 by year five. Five-year ROI records 1.78% and total cumulative return in cash reaches $6,733. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,154/mo property income versus a $5,727/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
10,410 sqft lot
$N/A/sqft
No 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: Amy Knight Black • Kuper Sotheby's Intl RTY - NB
Mls Name: Central Texas MLS
Mls ID: #587719