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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 La Vernia at 153 Summer Meadow, La Vernia, TX, 78121 offers $1,908/mo rent that, after a $2,814/mo payment. Total monthly income is $1,908/mo. Return on cash invested measures 6.07% in year one, and rental yield stands at 3.98% at a $575,000 entry. Equity gained on principal adds $3,710/yr while 5% annual appreciation compounds into $158,862 by year five. Five-year ROI records 29.88% and total cumulative return in cash reaches $56,519. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,908/mo property income versus a $2,814/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
1.34 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood data shown for ZIP Code: 78121, La Vernia, TX area.
| 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 |
Residential
5,818
Single Family
5,818
Multi-Family
0
Businesses
442
Date | Event | Price |
|---|---|---|
| 2025-02-07 | Listed for sale | $575,000 |
| 2025-01-31 | Contingent | $575,000 |
| 2024-11-01 | Price change | $575,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $7887.62 | 6.18% | $554,800 | 6.16% |
| 2023-02-12 | $7428.34 | 629.61% | $522,630 | 840.32% |
| 2022-02-12 | $1018.12 | N/A | $55,580 | N/A |
Listed by: Lindey Hixson • eXp Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1802744
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.
