349 Mourning DoveFloresvilleTX78114
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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 Floresville at 349 Mourning Dove, Floresville, TX, 78114 offers $1,824/mo rent that, after a $979/mo payment, leaves $402/mo cash flow. Total monthly income is $1,824/mo, and annual cash flow is $4,820/yr on $66,300 cash. Return on cash invested measures 27.18% in year one, and rental yield stands at 10.94% at a $200,000 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 143.05% and total cumulative return in cash reaches $94,844. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,824/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2005
1.73 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: Sheila Stanush • RE/MAX Associates
Mls Name: SABOR
Mls Provider:
Mls ID: #1872719
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.