2300 NACOGDOCHES RD UNIT 232-ISan AntonioTX78209
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 2300 NACOGDOCHES RD UNIT 232-I, San Antonio, TX, 78209 in San Antonio achieves 1.72, rent of $1,500/mo covers the $872/mo payment 1.5x over at $194,000. Rental yield 9.28%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $53,599 over five years, with $1,787/yr in principal reduction bringing total projected return to $47,541.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 5.8% |
| Monthly Cash Flow | $(456) | $450 |
City averages based on San Antonio market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,500 |
| Total Monthly Debt Service | $1,879 |
| DSCR Ratio | 0.80x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1970
N/A lot
$N/A/sqft
$436 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78209, San Antonio, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
20,780
Single Family
11,675
Multi-Family
9,105
Businesses
2,454
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1970
N/A lot
$N/A/sqft
$436 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78209, San Antonio, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
20,780
Single Family
11,675
Multi-Family
9,105
Businesses
2,454
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Annette Skalomenos • Coldwell Banker D'Ann Harper
Mls Name: SABOR
Mls Provider:
Mls ID: #1811913
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.