216 Calgary LnSan 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 216 Calgary Ln, San Marcos, TX, 78666 priced at $284,901 converts $2,194/mo rent into $168/mo cash flow after a $1,394/mo obligation. Total monthly income equals $2,194/mo, and annual cash flow totals $2,022/yr on $94,445 invested. Return on cash invested prints 22.05% in year one, and rental yield reads 9.24% against a $284,901 entry. Equity gained on principal adds $1,838/yr, while 5% annual appreciation compiles into $78,713 by year five. Five-year ROI reaches 115.56% and total cumulative return in cash sums $109,139. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,194/mo property income covering a $1,394/mo payment, not borrower’s personal income.
Single Family
Built in 2021
5,575 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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Listed by: Taz Bana • The Sears Group
Mls Name: Unlock MLS
Mls ID: #7350457