1624 Aquarena Springs Dr APT D132San 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
Investment property for sale in San Marcos at 1624 Aquarena Springs Dr APT D132, San Marcos, TX, 78666 uses $56,024 cash to close to unlock $641/yr annual cash flow and $53/mo monthly cash flow. Total monthly income runs $1,255/mo, and a $827/mo payment keeps the spread at $53/mo. Purchase price stands at $169,000, and rental yield measures 8.91% with $1,255/mo rent. Return on cash invested shows 21.05% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 110.22% and total cumulative return in cash records $61,747. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,255/mo property income covering a $827/mo payment rather than investor’s personal income.
Condo
Built in 1982
2.81 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: Joshua Clifton • Compass RE Texas, LLC
Mls Name: Unlock MLS
Mls ID: #4508894