362 SpringwoodSan AntonioTX78216
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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 San Antonio at 362 Springwood, San Antonio, TX, 78216 priced at $339,000 converts $2,471/mo rent into $61/mo cash flow after a $1,659/mo obligation. Total monthly income equals $2,471/mo, and annual cash flow totals $727/yr on $112,379 invested. Return on cash invested prints 20.56% in year one, and rental yield reads 8.75% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 107.53% and total cumulative return in cash sums $120,844. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,471/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Single Family
Built in 1957
10,193 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78216, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,504 (100%) |
| Owner Occupied HU | 6,460 (34.9%) |
| Renter Occupied HU | 9,909 (53.6%) |
| Vacant Housing Units | 2,135 (11.5%) |
| Median Home Value | $341,731 |
| Average Home Value | $359,122 |
Housing Distribution
Address Breakdown
Residential
19,602
Single Family
7,816
Multi-Family
11,786
Businesses
3,400
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Listed by: Rhonda Salinas • Hacienda Leon Real Estate Group
Mls Name: LERA MLS
Mls ID: #1907906