2038 Ridge View DrSan 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
Rental property for sale in San Marcos at 2038 Ridge View Dr, San Marcos, TX, 78666 generates $2,545/mo in rent and, after a $1,683/mo payment, leaves $17/mo in cash flow. Total monthly income is $2,545/mo, and annual cash flow is $198/yr on $113,970 invested. Return on cash invested sits at 20.08% in year one, and rental yield is 8.88% on a $343,800 entry. Equity gained on principal adds $2,218/yr, while 5% annual appreciation builds toward $94,986 over five years. Five-year ROI reaches 105.31% and total cumulative return in cash sums $120,023. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,545/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
7,632 sqft 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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