1504 Parkview LaneSan MarcosTX78666
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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 San Marcos at 1504 Parkview Lane, San Marcos, TX, 78666 offers $3,376/mo rent that, after a $724/mo payment, leaves $2,170/mo cash flow. Total monthly income is $3,376/mo, and annual cash flow is $26,042/yr on $49,060 cash. Return on cash invested measures 72.99% in year one, and rental yield stands at 27.37% at a $147,995 entry. Equity gained on principal adds $955/yr while 5% annual appreciation compounds into $40,888 by year five. Five-year ROI records 390.13% and total cumulative return in cash reaches $191,400. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,376/mo property income versus a $724/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78666, San Marcos, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 43,075 (100%) |
| Owner Occupied HU | 15,586 (36.2%) |
| Renter Occupied HU | 23,173 (53.8%) |
| Vacant Housing Units | 4,316 (10.0%) |
| Median Home Value | $338,265 |
| Average Home Value | $387,771 |
Housing Distribution
Address Breakdown
Residential
35,098
Single Family
22,235
Multi-Family
12,863
Businesses
2,306
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Listed by: Edward McClintick • Joseph Walter Realty, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1802689
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.