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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 La Vernia at 298 HICKORY RUN, La Vernia, TX, 78121 with 5% annual appreciation on a $230,000 basis while $2,834/mo rent supports operations. Total monthly income totals $2,834/mo and a $1,126/mo payment preserves $1,198/mo for cash returns. Annual cash flow comes to $14,378/yr on $76,245 deployed, and return on cash invested reaches 38.77% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,545 alongside rental yield of 14.79%. Five-year ROI measures 205.23% and total cumulative return in cash totals $156,475.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,834/mo property income versus a $1,126/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1998
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78121, La Vernia, TX area.
| 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 |
Residential
5,818
Single Family
5,818
Multi-Family
0
Businesses
442
Date | Event | Price |
|---|---|---|
| 2024-08-15 | Listed for sale | $230,000 |
| 2022-01-27 | Listing removed | N/A |
| 2022-01-21 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Emily Terrell • eXp Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1801305
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.
