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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in La Vernia at 129 MICAH POINT, La Vernia, TX, 78121 priced at $600,000 pairs $3,122/mo rent with after a $2,937/mo payment. Total monthly income equals $3,122/mo. Return on cash invested is 13.1% in year one, and rental yield stands at 6.24% on a $600,000 basis. Equity gained on principal adds $3,872/yr, and 5% annual appreciation accumulates to $165,769 by year five. Five-year ROI measures 67.5% and total cumulative return in cash reaches $133,248. For financing, Ziffy Mortgage’s DSCR program evaluates $3,122/mo property income against a $2,937/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 2023
9,452 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78121, La Vernia, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,910 (100%) |
| Owner Occupied HU | 4,904 (83.0%) |
| Renter Occupied HU | 669 (11.3%) |
| Vacant Housing Units | 337 ( 5.7%) |
| Median Home Value | $401,963 |
| Average Home Value | $415,649 |
Residential
5,818
Single Family
5,818
Multi-Family
0
Businesses
442
Date | Event | Price |
|---|---|---|
| 2024-11-27 | Listed for sale | $600,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $6368.56 | 1024.97% | $330,920 | 1000.86% |
| 2023-12-27 | $566.11 | -39.93% | $30,060 | -32.19% |
| 2022-12-27 | $942.39 | 63.85% | $44,330 | 66.65% |
Listed by: Garry Powles • Inspire TX Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1826029
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.
