2304 Madrid DrInglesideTX78362
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
Investment Highlights
Investment property for sale in Ingleside at 2304 Madrid Dr, Ingleside, TX, 78362 at $187,500 posts ROI 27.91% with $414/mo cash flow from $1,748/mo rent. Total monthly income equals $1,748/mo, and annual cash flow records $4,972/yr on $62,156 to close. Return on cash invested measures 27.91% and rental yield reads 11.19% at the current $187,500. Equity gained on principal adds $1,210/yr, and 5% annual appreciation supports $51,803 by year five. Five-year ROI prints 147.01% and total cumulative return in cash totals $91,375.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,748/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
2,460 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78362, Ingleside, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,866 (100%) |
| Owner Occupied HU | 2,688 (55.2%) |
| Renter Occupied HU | 1,371 (28.2%) |
| Vacant Housing Units | 807 (16.6%) |
| Median Home Value | $233,230 |
| Average Home Value | $265,187 |
Housing Distribution
Address Breakdown
Residential
4,729
Single Family
3,754
Multi-Family
975
Businesses
239
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