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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% |
Rental property for sale in Hondo at 1504 Avenue R, Hondo, TX, 78861 generates $1,142/mo in rent and, after a $729/mo payment, leaves $83/mo in cash flow. Total monthly income is $1,142/mo, and annual cash flow is $993/yr on $49,394 invested. Return on cash invested sits at 21.92% in year one, and rental yield is 9.2% on a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 114.82% and total cumulative return in cash sums $56,716. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,142/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
0.29 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 |
|---|---|---|
| 2025-03-31 | Listed for sale | $149,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-31 | $622.04 | 18.30% | $52,373 | 10.00% |
| 2023-03-31 | $525.80 | -1.78% | $47,612 | 10.00% |
| 2022-03-31 | $535.34 | -17.20% | $43,284 | 10.00% |
Listed by: Graciela Munoz • eXp Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1854087
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.
