








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


Rental property for sale in Alamo Heights at 208 Grandview #3, Alamo Heights, TX, 78209 priced at $550,000 converts $2,501/mo rent into after a $2,692/mo obligation. Total monthly income equals $2,501/mo. Return on cash invested prints 5.79% in year one, and rental yield reads 5.46% 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 30.12% and total cumulative return in cash sums $54,502. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,501/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
$674 monthly HOA
Neighborhood data shown for ZIP Code: 78209, San Antonio, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,391 (100%) |
| Owner Occupied HU | 10,308 (48.2%) |
| Renter Occupied HU | 8,662 (40.5%) |
| Vacant Housing Units | 2,421 (11.3%) |
| Median Home Value | $525,899 |
| Average Home Value | $664,334 |
Residential
20,780
Single Family
11,675
Multi-Family
9,105
Businesses
2,454
Date | Event | Price |
|---|---|---|
| 2025-04-08 | Price change | $550,000 |
| 2025-03-20 | Listed for sale | $575,000 |
| 2025-03-19 | Listing removed | $575,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $9939.09 | N/A | $477,932 | -6.42% |
| 2023-06-26 | N/A | N/A | $510,720 | -13.44% |
| 2022-06-26 | $13377.04 | 116.16% | $590,000 | 16.83% |



Listed by: Janet Heydenreich • Phyllis Browning Company
Mls Name: SABOR
Mls Provider:
Mls ID: #1851481
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.