148 E ElsmereSan AntonioTX78212
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 148 E Elsmere, San Antonio, TX, 78212 in San Antonio worth study. Rental yield 3.6%. The 3.6% gross yield is below cash-flow benchmarks at $1,100,000, but 5% annual appreciation, adding $303,910 over five years, frames this as a capital growth position. Rent of $3,298/mo partially offsets the $4,946/mo payment. Ziffy Mortgage finances appreciation-play properties (0.67 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $130,403.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.6% | 5.8% |
| Monthly Cash Flow | $(4,525) | $450 |
City averages based on San Antonio market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,298 |
| Total Monthly Debt Service | $7,385 |
| DSCR Ratio | 0.45x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1923
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78212, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,398 (100%) |
| Owner Occupied HU | 5,458 (40.7%) |
| Renter Occupied HU | 6,136 (45.8%) |
| Vacant Housing Units | 1,804 (13.5%) |
| Median Home Value | $378,816 |
| Average Home Value | $496,249 |
Housing Distribution
Address Breakdown
Residential
12,313
Single Family
9,174
Multi-Family
3,139
Businesses
1,854
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1923
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78212, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,398 (100%) |
| Owner Occupied HU | 5,458 (40.7%) |
| Renter Occupied HU | 6,136 (45.8%) |
| Vacant Housing Units | 1,804 (13.5%) |
| Median Home Value | $378,816 |
| Average Home Value | $496,249 |
Housing Distribution
Address Breakdown
Residential
12,313
Single Family
9,174
Multi-Family
3,139
Businesses
1,854
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katherine Davidson • Phyllis Browning Company
Mls Name: LERA MLS
Mls ID: #1893935