121 Red Head CvSan MarcosTX78666
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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 Marcos at 121 Red Head Cv, San Marcos, TX, 78666 offers $3,620/mo rent that, after a $861/mo payment, leaves $2,369/mo cash flow. Total monthly income is $3,620/mo, and annual cash flow is $28,426/yr on $58,344 cash. Return on cash invested measures 68.63% in year one, and rental yield stands at 24.68% at a $176,000 entry. Equity gained on principal adds $1,136/yr while 5% annual appreciation compounds into $48,626 by year five. Five-year ROI records 365.34% and total cumulative return in cash reaches $213,153. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,620/mo property income versus a $861/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78666, San Marcos, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
35,098
Single Family
22,235
Multi-Family
12,863
Businesses
2,306
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Listed by: Judy DeLeon • All City Real Estate Ltd. Co
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #2681181
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-12-27 21:47:39 PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_27)