300 N Grande AveEncinalTX78019
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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 Encinal at 300 N Grande Ave, Encinal, TX, 78019 generates $1,975/mo in rent, after a $4,650/mo payment. Total monthly income is $1,975/mo. Return on cash invested sits at 1.7% in year one, and rental yield is 2.49% on a $950,000 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation builds toward $262,467 over five years. Five-year ROI reaches 6.42% and total cumulative return in cash sums $20,054. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,975/mo property income rather than buyer’s personal income.
Multi Family
Built in N/A
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78019, Encinal, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 295 (100%) |
| Owner Occupied HU | 174 (59.0%) |
| Renter Occupied HU | 31 (10.5%) |
| Vacant Housing Units | 90 (30.5%) |
| Median Home Value | $107,622 |
| Average Home Value | $120,920 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
28
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Listed by: Rolando Gonzalez • Keller Williams Laredo
Mls Name: LAR
Mls Provider:
Mls ID: #20242650
Disclaimer: 2024 Laredo Multiple Listing Service. Information is deemed to be reliable but not guaranteed. Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.