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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Hondo at 2906 AVENUE H, Hondo, TX, 78861 offers a 9.15% rental yield on a $280,000 purchase with $2,135/mo rent. Total monthly income registers $2,135/mo, and a $1,370/mo payment leaves $144/mo available for distribution. Annual cash flow reaches $1,732/yr on $92,820 to close, and return on cash invested stands at 21.78% in year one. Equity gained on principal adds $1,807/yr while 5% annual appreciation supports $77,359 over five years. Portfolio math shows five-year ROI at 114.09% and total cumulative return in cash at $105,897. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,135/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78861, Hondo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,087 (100%) |
| Owner Occupied HU | 3,400 (66.8%) |
| Renter Occupied HU | 1,097 (21.6%) |
| Vacant Housing Units | 590 (11.6%) |
| Median Home Value | $226,954 |
| Average Home Value | $278,011 |
Residential
4,995
Single Family
4,617
Multi-Family
378
Businesses
502
Date | Event | Price |
|---|---|---|
| 2024-10-18 | Listed for sale | $280,000 |
| 2022-07-29 | Sold | N/A |
| 2022-06-24 | Pending sale | $212,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $2763.44 | 20.00% | $174,228 | 10.00% |
| 2023-02-12 | $2302.83 | -30.47% | $158,389 | 10.00% |
| 2022-02-12 | $3312.21 | 7.58% | $143,990 | 10.80% |
Listed by: Erin Braden • Harzheim Properties, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1817273
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.
