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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Concan at 1177 County Road 348, Concan, TX, 78838 listed at $399,900 pairs $1,920/mo rent with a $1,957/mo payment. Total monthly income runs $1,920/mo. Return on cash invested measures 11.49% in year one, and rental yield registers 5.76% at a $399,900 basis. Equity gained on principal adds $2,580/yr, and annual property appreciation at 5% supports $110,485 by year five. Five-year ROI tracks 58.96% and total cumulative return in cash totals $78,164. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,920/mo property income relative to a $1,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
2.78 Acres lot
$N/A/sqft
$75 annually HOA
Neighborhood data shown for ZIP Code: 78838, Concan, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 245 (100%) |
| Owner Occupied HU | 111 (45.3%) |
| Renter Occupied HU | 14 ( 5.7%) |
| Vacant Housing Units | 120 (49.0%) |
| Median Home Value | $386,111 |
| Average Home Value | $435,766 |
Residential
58
Single Family
58
Multi-Family
0
Businesses
63
Date | Event | Price |
|---|---|---|
| 2024-10-29 | Listed for sale | $399,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
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Listed by: Shawn Gray • Frio Canyon Real Estate, LLC
Mls Name: KVMLS
Mls ID: #116515
Disclaimer: Copyright Kerrville Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
