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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Alamo Heights at 242 E ELMVIEW PL, Alamo Heights, TX, 78209 offers $4,258/mo rent that, after a $5,776/mo payment. Total monthly income is $4,258/mo. Return on cash invested measures 7.4% in year one, and rental yield stands at 4.33% at a $1,180,000 entry. Equity gained on principal adds $7,614/yr while 5% annual appreciation compounds into $326,012 by year five. Five-year ROI records 36.88% and total cumulative return in cash reaches $141,008. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,258/mo property income versus a $5,776/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78209, San Antonio, TX area.
| 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 |
Residential
20,780
Single Family
11,675
Multi-Family
9,105
Businesses
2,454
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Erin Wolff • Phyllis Browning Company
Mls Name: LERA MLS
Mls ID: #1913522
