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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Hondo at 1504 31ST ST, Hondo, TX, 78861 uses $109,362 cash to close to unlock $3,873/yr annual cash flow and $323/mo monthly cash flow. Total monthly income runs $2,669/mo, and a $1,615/mo payment keeps the spread at $323/mo. Purchase price stands at $329,900, and rental yield measures 9.71% with $2,669/mo rent. Return on cash invested shows 23.45% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 123.04% and total cumulative return in cash records $134,559. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,669/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78861, Hondo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,087 (100%) |
| Owner Occupied HU | 3,400 (66.8%) |
| Renter Occupied HU | 1,097 (21.6%) |
| Vacant Housing Units | 590 (11.6%) |
| Median Home Value | $226,954 |
| Average Home Value | $278,011 |
Residential
4,995
Single Family
4,617
Multi-Family
378
Businesses
502
Date | Event | Price |
|---|---|---|
| 2025-02-05 | Price change | $329,900 |
| 2024-12-27 | Listed for sale | $339,900 |
| 2022-07-13 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $679.87 | N/A | $295,352 | 10.00% |
| 2023-02-12 | N/A | N/A | $268,502 | 10.00% |
| 2022-02-12 | N/A | N/A | $244,093 | 10.00% |
Listed by: Daye Wanat • Epique Realty LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1831087
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.
