1308 Morris LoopSan MarcosTX78666
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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 San Marcos at 1308 Morris Loop, San Marcos, TX, 78666 offers a 8.86% rental yield on a $291,740 purchase with $2,154/mo rent. Total monthly income registers $2,154/mo, and a $1,428/mo payment leaves $79/mo available for distribution. Annual cash flow reaches $952/yr on $96,712 to close, and return on cash invested stands at 20.89% in year one. Equity gained on principal adds $1,883/yr while 5% annual appreciation supports $80,602 over five years. Portfolio math shows five-year ROI at 109.35% and total cumulative return in cash at $105,755. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,154/mo property income against a $1,428/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78666, San Marcos, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 43,075 (100%) |
| Owner Occupied HU | 15,586 (36.2%) |
| Renter Occupied HU | 23,173 (53.8%) |
| Vacant Housing Units | 4,316 (10.0%) |
| Median Home Value | $338,265 |
| Average Home Value | $387,771 |
Housing Distribution
Address Breakdown
Residential
35,098
Single Family
22,235
Multi-Family
12,863
Businesses
2,306
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Listed by: N/A • Starlight
Mls Name: Starlight Homes
Mls Provider:
Mls ID: #N/A