1293 S 3rd 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
Investment property for sale in Alamo at 1293 S 3rd St, Alamo, TX, 78516 earns $379/mo cash flow from $1,701/mo rent with a $910/mo payment. Total monthly income totals $1,701/mo, and annual cash flow totals $4,547/yr on $61,626 capital. ROI tracks 27.29% on current figures, and rental yield reads 10.98% at a $185,900 purchase. Equity gained on principal adds $1,200/yr, and 5% annual appreciation supports $51,361 over five years. Five-year ROI reaches 143.62% and total cumulative return in cash sums $88,509. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,701/mo property income instead of your personal income.
Single Family
Built in 2023
8,006 sqft 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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