271 StrasbourgCastrovilleTX78009
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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 Castroville at 271 Strasbourg, Castroville, TX, 78009 priced at $475,000 converts $3,739/mo rent into $361/mo cash flow after a $2,325/mo obligation. Total monthly income equals $3,739/mo, and annual cash flow totals $4,333/yr on $157,463 invested. Return on cash invested prints 22.66% in year one, and rental yield reads 9.45% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 118.83% and total cumulative return in cash sums $187,111. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,739/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 2017
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78009, Castroville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,797 (100%) |
| Owner Occupied HU | 3,081 (81.1%) |
| Renter Occupied HU | 489 (12.9%) |
| Vacant Housing Units | 227 ( 6.0%) |
| Median Home Value | $350,619 |
| Average Home Value | $392,243 |
Housing Distribution
Address Breakdown
Residential
3,450
Single Family
3,450
Multi-Family
0
Businesses
405
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Listed by: Jack Gruber • Gruber Properties, LLC
Mls Name: SABOR
Mls ID: #1890045