1221 mesquiteBlancoTX78606
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Blanco at 1221 mesquite, Blanco, TX, 78606 generates $1,838/mo in rent, after a $1,463/mo payment. Total monthly income is $1,838/mo. Return on cash invested sits at 16.42% in year one, and rental yield is 7.38% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 85.4% and total cumulative return in cash sums $84,646. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,838/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78606, Blanco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,528 (100%) |
| Owner Occupied HU | 2,227 (63.1%) |
| Renter Occupied HU | 603 (17.1%) |
| Vacant Housing Units | 698 (19.8%) |
| Median Home Value | $429,331 |
| Average Home Value | $529,756 |
Housing Distribution
Address Breakdown
Residential
2,976
Single Family
2,928
Multi-Family
48
Businesses
362
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices