323 SHANNON RIDGE DR.FloresvilleTX78114
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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 Floresville at 323 SHANNON RIDGE DR, Floresville, TX, 78114 offers a 6% rental yield on a $729,990 purchase with $3,650/mo rent. 36% in year one. Equity gained on principal adds $4,711/yr while 5% annual appreciation supports $201,683 over five years. Portfolio math shows five-year ROI at 63.54% and total cumulative return in cash at $152,603. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,650/mo property income against a $3,573/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
2.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78114, Floresville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,050 (100%) |
| Owner Occupied HU | 6,869 (75.9%) |
| Renter Occupied HU | 1,496 (16.5%) |
| Vacant Housing Units | 685 ( 7.6%) |
| Median Home Value | $299,331 |
| Average Home Value | $349,283 |
Housing Distribution
Address Breakdown
Residential
8,721
Single Family
8,580
Multi-Family
141
Businesses
609
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Listed by: Rodolfo Martinez • Premier Realty Group Platinum
Mls Name: LERA MLS
Mls ID: #1923150