120 Harrigan Court #120Alamo HeightsTX78209
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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 Alamo Heights at 120 Harrigan Court #120, Alamo Heights, TX, 78209 generates $2,489/mo in rent, after a $3,573/mo payment. Total monthly income is $2,489/mo. Return on cash invested sits at 6.56% in year one, and rental yield is 4.09% on a $730,000 entry. Equity gained on principal adds $4,711/yr, while 5% annual appreciation builds toward $201,686 over five years. Five-year ROI reaches 32.43% and total cumulative return in cash sums $77,894. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,489/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A 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: Mary Carter • Kuper Sotheby's Int'l Realty
Mls Name: LERA MLS
Mls ID: #1936089