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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 San Marcos at 1202 Thorpe Ln APT 401, San Marcos, TX, 78666 listed at $150,000 pairs $1,312/mo rent with a $734/mo payment to leave $246/mo cash flow. Total monthly income runs $1,312/mo, and annual cash flow reaches $2,946/yr on $49,725 cash to close. Return on cash invested measures 25.83% in year one, and rental yield registers 10.5% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 135.88% and total cumulative return in cash totals $67,566. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,312/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
3.97 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78666, San Marcos, TX area.
| 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 |
Residential
35,098
Single Family
22,235
Multi-Family
12,863
Businesses
2,306
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michael Rodriguez • Pure Realty
Mls Name: Unlock MLS
Mls ID: #9051174
