2497 Avenue CInglesideTX78362
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
Rental property for sale in Ingleside at 2497 Avenue C, Ingleside, TX, 78362 generates $1,440/mo in rent and, after a $806/mo payment, leaves $249/mo in cash flow. Total monthly income is $1,440/mo, and annual cash flow is $2,988/yr on $54,565 invested. Return on cash invested sits at 25.38% in year one, and rental yield is 10.5% on a $164,600 entry. Equity gained on principal adds $1,062/yr, while 5% annual appreciation builds toward $45,476 over five years. Five-year ROI reaches 133.57% and total cumulative return in cash sums $72,882. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Single Family
Built in 1942
0.28 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Edward McClintick • Joseph Walter Realty, LLC
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #449374
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-02-11 11:05:42 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.