149 Hondo DriveLa VerniaTX78121
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
Investment Highlights
Rental property for sale in La Vernia at 149 Hondo Drive, La Vernia, TX, 78121 priced at $744,900 pairs $3,851/mo rent with after a $3,646/mo payment. Total monthly income equals $3,851/mo. Return on cash invested is 12.85% in year one, and rental yield stands at 6.2% on a $744,900 basis. Equity gained on principal adds $4,807/yr, and 5% annual appreciation accumulates to $205,802 by year five. Five-year ROI measures 66.2% and total cumulative return in cash reaches $162,240. For financing, Ziffy Mortgage’s DSCR program evaluates $3,851/mo property income against a $3,646/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
1.05 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Fulmer • Fulmer Realty, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1796452
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.