308 S Mesquite St #103San AntonioTX78203
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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
Investment property for sale in San Antonio at 308 S Mesquite St #103, San Antonio, TX, 78203 listed at $459,000 pairs $1,770/mo rent with a $2,247/mo payment. Total monthly income runs $1,770/mo. Return on cash invested measures 8.12% in year one, and rental yield registers 4.63% at a $459,000 basis. Equity gained on principal adds $2,962/yr, and annual property appreciation at 5% supports $126,813 by year five. Five-year ROI tracks 40.85% and total cumulative return in cash totals $62,159. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,770/mo property income relative to a $2,247/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78203, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,297 (100%) |
| Owner Occupied HU | 1,028 (44.8%) |
| Renter Occupied HU | 877 (38.2%) |
| Vacant Housing Units | 392 (17.1%) |
| Median Home Value | $162,500 |
| Average Home Value | $211,751 |
Housing Distribution
Address Breakdown
Residential
2,251
Single Family
2,188
Multi-Family
63
Businesses
174
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Listed by: Polo Gutierrez • Phyllis Browning Company
Mls Name: LERA MLS
Mls ID: #1917624