302 S 12th StCarrizo 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 302 S 12th St, Carrizo Springs, TX, 78834 generates $1,133/mo in rent and, after a $734/mo payment, leaves $67/mo in cash flow. Total monthly income is $1,133/mo, and annual cash flow is $798/yr on $49,725 invested. Return on cash invested sits at 21.51% in year one, and rental yield is 9.06% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 112.71% and total cumulative return in cash sums $56,046. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,133/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.37 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: Vanessa Jimenez • La Cantera Real Estate
Mls Name: EPBOR
Mls ID: #83061