277 Justo GarzaCarrizo SpringsTX78834
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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 Carrizo Springs at 277 Justo Garza, Carrizo Springs, TX, 78834 priced at $1,600,000 pairs $2,352/mo rent with after a $7,831/mo payment. Total monthly income equals $2,352/mo. Return on cash invested is -0.52% in year one, and rental yield stands at 1.76% on a $1,600,000 basis. Equity gained on principal adds $10,325/yr, and 5% annual appreciation accumulates to $442,051 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $2,352/mo property income against a $7,831/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78834, Carrizo Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,029 (100%) |
| Owner Occupied HU | 1,613 (53.3%) |
| Renter Occupied HU | 715 (23.6%) |
| Vacant Housing Units | 701 (23.1%) |
| Median Home Value | $87,137 |
| Average Home Value | $136,525 |
Housing Distribution
Address Breakdown
Residential
2,131
Single Family
2,047
Multi-Family
84
Businesses
300
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Listed by: Lydia Saenz • Prime Properties-Winter Garden
Mls Name: LERA MLS
Mls ID: #1915703