309 GraySan AntonioTX78208
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.01% yield at 309 Gray, San Antonio, TX, 78208 in San Antonio is solid, but the $508/mo payment compresses net cash flow to $44/mo at $113,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $31,220 by year five, and $1,041/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.67) without U.S. income documentation. Total projected return: $46,190.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 5.8% |
| Monthly Cash Flow | $44 | $450 |
City averages based on San Antonio market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $848 |
| Total Monthly Debt Service | $759 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1965
7,623 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78208, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,332 (100%) |
| Owner Occupied HU | 543 (23.3%) |
| Renter Occupied HU | 1,258 (53.9%) |
| Vacant Housing Units | 531 (22.8%) |
| Median Home Value | $213,235 |
| Average Home Value | $308,978 |
Housing Distribution
Address Breakdown
Residential
1,875
Single Family
1,357
Multi-Family
518
Businesses
158
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1965
7,623 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78208, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,332 (100%) |
| Owner Occupied HU | 543 (23.3%) |
| Renter Occupied HU | 1,258 (53.9%) |
| Vacant Housing Units | 531 (22.8%) |
| Median Home Value | $213,235 |
| Average Home Value | $308,978 |
Housing Distribution
Address Breakdown
Residential
1,875
Single Family
1,357
Multi-Family
518
Businesses
158
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: LERA MLS
Mls ID: #1951255