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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% |
Rental property for sale in La Vernia at 121 LAUREL HEIGHTS, La Vernia, TX, 78121 generates $3,160/mo in rent, after a $2,594/mo payment. Total monthly income is $3,160/mo. Return on cash invested sits at 15.5% in year one, and rental yield is 7.16% on a $529,900 entry. Equity gained on principal adds $3,419/yr, while 5% annual appreciation builds toward $146,402 over five years. Five-year ROI reaches 80.53% and total cumulative return in cash sums $140,399. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,160/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.30 Acres lot
$N/A/sqft
$650 annually HOA
Neighborhood data shown for ZIP Code: 78121, La Vernia, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,910 (100%) |
| Owner Occupied HU | 4,904 (83.0%) |
| Renter Occupied HU | 669 (11.3%) |
| Vacant Housing Units | 337 ( 5.7%) |
| Median Home Value | $401,963 |
| Average Home Value | $415,649 |
Residential
5,818
Single Family
5,818
Multi-Family
0
Businesses
442
Date | Event | Price |
|---|---|---|
| 2024-12-20 | Price change | $529,900 |
| 2024-10-07 | Listed for sale | $535,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $1431.83 | 22.63% | $74,400 | 20.00% |
| 2023-02-12 | $1167.62 | -11.41% | $62,000 | N/A |
| 2022-02-12 | $1318.04 | N/A | $62,000 | N/A |
What's Special
12"+ Attic Insulation,Pull Down Storage
Listed by: Shane Neal • Keller Williams City-View
Mls Name: SABOR
Mls Provider:
Mls ID: #1814408
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
