2422 CEDAR RIDGESan AntonioTX78232
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2422 CEDAR RIDGE, San Antonio, TX, 78232 in San Antonio deserves attention. This $370,000 property earns $4,789/mo in rent, a 15.53% gross yield, and nets $1,925/mo after the $1,664/mo payment. DSCR 2.88 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $102,224 compounds alongside $3,408/yr in yearly equity build, for a total cumulative return of $266,650.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.5% | 5.8% |
| Monthly Cash Flow | $1,925 | $450 |
City averages based on San Antonio market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,789 |
| Total Monthly Debt Service | $2,717 |
| DSCR Ratio | 1.76x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1992
5,009 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
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
Single Family
Built in 1992
5,009 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices