1709 COUNTY ROAD 351HondoTX78861
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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
Total monthly income runs $2,269/mo, and a $3,132/mo payment. Purchase price stands at $640,000, and rental yield measures 4.25% with $2,269/mo rent. Return on cash invested shows 7.06% in year one, and 5% annual appreciation builds toward $176,820 over five years. Five-year ROI reaches 35.12% and total cumulative return in cash records $73,950. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,269/mo property income covering a $3,132/mo payment rather than investor’s personal income.
Manufactured
Built in 2010
34 Acres 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
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Listed by: Kari Menchaca • Galm Real Estate, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1804337
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.