1233 S 2nd StAlamoTX78516
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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
Total monthly income runs $1,515/mo, and a $1,077/mo payment. Purchase price stands at $220,000, and rental yield measures 8.26% with $1,515/mo rent. Return on cash invested shows 19.09% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 99.71% and total cumulative return in cash records $72,719. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,515/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1977
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78516, Alamo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,392 (100%) |
| Owner Occupied HU | 8,244 (61.6%) |
| Renter Occupied HU | 2,527 (18.9%) |
| Vacant Housing Units | 2,621 (19.6%) |
| Median Home Value | $126,098 |
| Average Home Value | $147,718 |
Housing Distribution
Address Breakdown
Residential
11,558
Single Family
10,219
Multi-Family
1,339
Businesses
541
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Listed by: Monica Benavides Team • THE MBTEAM
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29764190
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.