1613 13TH STHondoTX78861
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
Investment Highlights
Investment property for sale in Hondo at 1613 13TH ST, Hondo, TX, 78861 earns $44/mo cash flow from $820/mo rent with a $534/mo payment. Total monthly income totals $820/mo, and annual cash flow totals $533/yr on $36,134 capital. ROI tracks 21.38% on current figures, and rental yield reads 9.03% at a $109,000 purchase. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,115 over five years. Five-year ROI reaches 112.04% and total cumulative return in cash sums $40,486. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $820/mo property income instead of your personal income.
Single Family
Built in 1965
7,318 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78861, Hondo, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,995
Single Family
4,617
Multi-Family
378
Businesses
502
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deron Reid • Location Three Real Estate, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1831798
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.