








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in San Marcos at 203 S Mitchell St APT 4, San Marcos, TX, 78666 offers a 9.24% rental yield on a $149,000 purchase with $1,147/mo rent. Total monthly income registers $1,147/mo, and a $729/mo payment leaves $88/mo available for distribution. Annual cash flow reaches $1,053/yr on $49,394 to close, and return on cash invested stands at 22.04% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 115.5% and total cumulative return in cash at $57,052. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,147/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78666, San Marcos, TX area.
| 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 |
Residential
35,098
Single Family
22,235
Multi-Family
12,863
Businesses
2,306
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: James Walker • Walker Texas Team, KW Realty
Mls Name: Central Texas MLS
Mls ID: #593957