118 LaramieSan AntonioTX78209
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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 San Antonio at 118 Laramie, San Antonio, TX, 78209 offers $3,818/mo rent that, after a $4,038/mo payment. Total monthly income is $3,818/mo. Return on cash invested measures 11% in year one, and rental yield stands at 5.55% at a $825,000 entry. Equity gained on principal adds $5,324/yr while 5% annual appreciation compounds into $227,932 by year five. Five-year ROI records 56.28% and total cumulative return in cash reaches $152,745. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,818/mo property income versus a $4,038/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78209, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,391 (100%) |
| Owner Occupied HU | 10,308 (48.2%) |
| Renter Occupied HU | 8,662 (40.5%) |
| Vacant Housing Units | 2,421 (11.3%) |
| Median Home Value | $525,899 |
| Average Home Value | $664,334 |
Housing Distribution
Address Breakdown
Residential
20,780
Single Family
11,675
Multi-Family
9,105
Businesses
2,454
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Listed by: Stephanie Jewett • Phyllis Browning Company
Mls Name: LERA MLS
Mls ID: #1910690