12303 MONTELHelotesTX78023
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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 Helotes at 12303 MONTEL, Helotes, TX, 78023 generates $6,506/mo in rent, after a $6,730/mo payment. Total monthly income is $6,506/mo. Return on cash invested sits at 11.4% in year one, and rental yield is 5.68% on a $1,375,000 entry. Equity gained on principal adds $8,873/yr, while 5% annual appreciation builds toward $379,887 over five years. Five-year ROI reaches 58.4% and total cumulative return in cash sums $260,190. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,506/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
1.15 Acres lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78023, Helotes, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,892 (100%) |
| Owner Occupied HU | 8,764 (80.5%) |
| Renter Occupied HU | 1,676 (15.4%) |
| Vacant Housing Units | 452 ( 4.1%) |
| Median Home Value | $417,994 |
| Average Home Value | $464,820 |
Housing Distribution
Address Breakdown
Residential
10,523
Single Family
10,211
Multi-Family
312
Businesses
994
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Listed by: Charo King • RE/MAX North-San Antonio
Mls Name: SABOR
Mls Provider:
Mls ID: #1814615
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.