15646 Elks PassSan AntonioTX78232
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 15646 Elks Pass, San Antonio, TX, 78232 in San Antonio at $489,500 earns $3,650/mo in rent and nets $169/mo after the $2,201/mo payment, a 8.95% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $135,240 over five years. Ziffy Mortgage underwrites this on a 1.66 DSCR without U.S. credit history. With $4,508/yr in principal paydown, total projected return reaches $198,455.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 5.8% |
| Monthly Cash Flow | $169 | $450 |
City averages based on San Antonio market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,650 |
| Total Monthly Debt Service | $3,286 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1978
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78232, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,156 (100%) |
| Owner Occupied HU | 9,745 (56.8%) |
| Renter Occupied HU | 6,303 (36.7%) |
| Vacant Housing Units | 1,108 ( 6.5%) |
| Median Home Value | $361,240 |
| Average Home Value | $400,934 |
Housing Distribution
Address Breakdown
Residential
16,187
Single Family
10,464
Multi-Family
5,723
Businesses
1,362
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
Single Family
Built in 1978
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78232, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,156 (100%) |
| Owner Occupied HU | 9,745 (56.8%) |
| Renter Occupied HU | 6,303 (36.7%) |
| Vacant Housing Units | 1,108 ( 6.5%) |
| Median Home Value | $361,240 |
| Average Home Value | $400,934 |
Housing Distribution
Address Breakdown
Residential
16,187
Single Family
10,464
Multi-Family
5,723
Businesses
1,362
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Perez • Hecht Real Estate Group
Mls Name: SABOR
Mls ID: #1893126