141 Hondo RidgeLa VerniaTX78121
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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
Rental property for sale in La Vernia at 141 Hondo Ridge, La Vernia, TX, 78121 priced at $664,900 pairs $6,722/mo rent with $1,967/mo cash flow after a $3,254/mo payment. Total monthly income equals $6,722/mo, and annual cash flow comes to $23,605/yr on $218,752 invested. Return on cash invested is 30.85% in year one, and rental yield stands at 12.13% on a $664,900 basis. Equity gained on principal adds $4,290/yr, and 5% annual appreciation accumulates to $183,700 by year five. Five-year ROI measures 162.78% and total cumulative return in cash reaches $356,076. For financing, Ziffy Mortgage’s DSCR program evaluates $6,722/mo property income against a $3,254/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
1 Acres lot
$N/A/sqft
$325 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78121, La Vernia, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,818
Single Family
5,818
Multi-Family
0
Businesses
442
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Listed by: Michael Fulmer • Fulmer Realty, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1737302
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.