3500 Carmen Ave #806Rancho ViejoTX78575
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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 Rancho Viejo at 3500 Carmen Ave #806, Rancho Viejo, TX, 78575 earns $25/mo cash flow from $981/mo rent with a $627/mo payment. Total monthly income totals $981/mo, and annual cash flow totals $298/yr on $42,432 capital. ROI tracks 20.61% on current figures, and rental yield reads 9.2% at a $128,000 purchase. Equity gained on principal adds $826/yr, and 5% annual appreciation supports $35,364 over five years. Five-year ROI reaches 108.31% and total cumulative return in cash sums $45,959. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $981/mo property income instead of your personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78575, Olmito, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,963 (100%) |
| Owner Occupied HU | 1,766 (59.6%) |
| Renter Occupied HU | 695 (23.5%) |
| Vacant Housing Units | 502 (16.9%) |
| Median Home Value | $265,753 |
| Average Home Value | $304,388 |
Housing Distribution
Address Breakdown
Residential
2,621
Single Family
2,256
Multi-Family
365
Businesses
208
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Listed by: Sonia Robertson • Rancho Viejo Realty, LLC
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29764296
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.