2387 Fm 537FloresvilleTX78114
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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 Floresville at 2387 Fm 537, Floresville, TX, 78114 generates $3,240/mo in rent, after a $5,869/mo payment. Total monthly income is $3,240/mo. Return on cash invested sits at 4.04% in year one, and rental yield is 3.24% on a $1,199,000 entry. Equity gained on principal adds $7,737/yr, while 5% annual appreciation builds toward $331,262 over five years. Five-year ROI reaches 18.89% and total cumulative return in cash sums $73,365. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,240/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
21.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78114, Floresville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,050 (100%) |
| Owner Occupied HU | 6,869 (75.9%) |
| Renter Occupied HU | 1,496 (16.5%) |
| Vacant Housing Units | 685 ( 7.6%) |
| Median Home Value | $299,331 |
| Average Home Value | $349,283 |
Housing Distribution
Address Breakdown
Residential
8,721
Single Family
8,580
Multi-Family
141
Businesses
609
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Listed by: Samantha Fehse • Sovy Realty Group
Mls Name: LERA MLS
Mls ID: #1883863