211 E AlamoCarrizo SpringsTX78834
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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 Carrizo Springs at 211 E Alamo, Carrizo Springs, TX, 78834 generates $1,579/mo in rent and, after a $974/mo payment, leaves $164/mo in cash flow. Total monthly income is $1,579/mo, and annual cash flow is $1,967/yr on $65,969 invested. Return on cash invested sits at 22.89% in year one, and rental yield is 9.52% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 120.03% and total cumulative return in cash sums $79,182. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,579/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78834, Carrizo Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,029 (100%) |
| Owner Occupied HU | 1,613 (53.3%) |
| Renter Occupied HU | 715 (23.6%) |
| Vacant Housing Units | 701 (23.1%) |
| Median Home Value | $87,137 |
| Average Home Value | $136,525 |
Housing Distribution
Address Breakdown
Residential
2,131
Single Family
2,047
Multi-Family
84
Businesses
300
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Listed by: Edward McClintick • Joseph Walter Realty, LLC
Mls Name: LERA MLS
Mls ID: #1898829