2516 County Road 357La VerniaTX78121
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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
Investment property for sale in La Vernia at 2516 County Road 357, La Vernia, TX, 78121 offers a 7.65% rental yield on a $489,900 purchase with $3,125/mo rent. 26% in year one. Equity gained on principal adds $3,161/yr while 5% annual appreciation supports $135,350 over five years. Portfolio math shows five-year ROI at 89.85% and total cumulative return in cash at $145,925. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,125/mo property income against a $2,398/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78121, La Vernia, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,910 (100%) |
| Owner Occupied HU | 4,904 (83.0%) |
| Renter Occupied HU | 669 (11.3%) |
| Vacant Housing Units | 337 ( 5.7%) |
| Median Home Value | $401,963 |
| Average Home Value | $415,649 |
Housing Distribution
Address Breakdown
Residential
5,818
Single Family
5,818
Multi-Family
0
Businesses
442
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Listed by: Dawn Stuart • Texas Homes & Acres Realty,LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1869709
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.