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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 Carrizo Springs at 1611 W ALAMO ST, Carrizo Springs, TX, 78834 priced at $200,000 converts $1,266/mo rent into after a $979/mo obligation. Total monthly income equals $1,266/mo. Return on cash invested prints 17.08% in year one, and rental yield reads 7.6% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 88.9% and total cumulative return in cash sums $58,940. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,266/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78834, Carrizo Springs, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,029 (100%) |
| Owner Occupied HU | 1,613 (53.3%) |
| Renter Occupied HU | 715 (23.6%) |
| Vacant Housing Units | 701 (23.1%) |
| Median Home Value | $87,137 |
| Average Home Value | $136,525 |
Residential
2,131
Single Family
2,047
Multi-Family
84
Businesses
300
Date | Event | Price |
|---|---|---|
| 2024-12-11 | Listed for sale | $200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $135,787 | 9.93% |
| 2023-12-27 | $1246.97 | -26.50% | $123,525 | 10.00% |
| 2022-12-27 | $1696.51 | -4.90% | $112,295 | 9.05% |
Listed by: Lydia Saenz • Prime Properties-Winter Garden
Mls Name: SABOR
Mls Provider:
Mls ID: #1828700
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.
