2410 Melrose Canyon Dr.San AntonioTX78232
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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 Antonio at 2410 Melrose Canyon Dr, San Antonio, TX, 78232 priced at $499,900 converts $3,716/mo rent into $161/mo cash flow after a $2,447/mo obligation. Total monthly income equals $3,716/mo, and annual cash flow totals $1,931/yr on $165,717 invested. Return on cash invested prints 21.07% in year one, and rental yield reads 8.92% against a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,113 by year five. Five-year ROI reaches 110.29% and total cumulative return in cash sums $182,772. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,716/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1996
9,888 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78232, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,156 (100%) |
| Owner Occupied HU | 9,745 (56.8%) |
| Renter Occupied HU | 6,303 (36.7%) |
| Vacant Housing Units | 1,108 ( 6.5%) |
| Median Home Value | $361,240 |
| Average Home Value | $400,934 |
Housing Distribution
Address Breakdown
Residential
16,187
Single Family
10,464
Multi-Family
5,723
Businesses
1,362
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Listed by: Karen Critchlow • Realty Executives Of S.A.
Mls Name: LERA MLS
Mls ID: #1934796