12602 24th StSanta FeTX77510
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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
Investment property for sale in Santa Fe at 12602 24th St, Santa Fe, TX, 77510 offers a 9.14% rental yield on a $225,000 purchase with $1,714/mo rent. Total monthly income registers $1,714/mo, and a $1,101/mo payment leaves $114/mo available for distribution. Annual cash flow reaches $1,371/yr on $74,588 to close, and return on cash invested stands at 21.75% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 113.95% and total cumulative return in cash at $84,993. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,714/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77510, Santa Fe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,394 (100%) |
| Owner Occupied HU | 4,922 (77.0%) |
| Renter Occupied HU | 1,123 (17.6%) |
| Vacant Housing Units | 349 ( 5.5%) |
| Median Home Value | $356,061 |
| Average Home Value | $376,350 |
Housing Distribution
Address Breakdown
Residential
5,951
Single Family
5,589
Multi-Family
362
Businesses
407
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Listed by: Brittanie McGee • Wagner McGee Realty
Mls Name: HAR
Mls Provider:
Mls ID: #63384248
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