16824 FOX RIDGEHelotesTX78023
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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
Rental property for sale in Helotes at 16824 FOX RIDGE, Helotes, TX, 78023 priced at $550,000 converts $3,556/mo rent into after a $2,692/mo obligation. Total monthly income equals $3,556/mo. Return on cash invested prints 17.46% in year one, and rental yield reads 7.76% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 91.01% and total cumulative return in cash sums $164,686. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,556/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 2024
10,454 sqft lot
$N/A/sqft
$440 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78023, Helotes, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,892 (100%) |
| Owner Occupied HU | 8,764 (80.5%) |
| Renter Occupied HU | 1,676 (15.4%) |
| Vacant Housing Units | 452 ( 4.1%) |
| Median Home Value | $417,994 |
| Average Home Value | $464,820 |
Housing Distribution
Address Breakdown
Residential
10,523
Single Family
10,211
Multi-Family
312
Businesses
994
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Listed by: Jessica Matthews • Sylvie Shurgot Real Estate
Mls Name: SABOR
Mls Provider:
Mls ID: #1770893
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.