403 RETTA STCarrizo SpringsTX78834
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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 Carrizo Springs at 403 RETTA ST, Carrizo Springs, TX, 78834 priced at $115,000 pairs $1,832/mo rent with $1,014/mo cash flow after a $563/mo payment. Total monthly income equals $1,832/mo, and annual cash flow comes to $12,169/yr on $38,123 invested. Return on cash invested is 51.83% in year one, and rental yield stands at 19.12% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 275.33% and total cumulative return in cash reaches $104,961. For financing, Ziffy Mortgage’s DSCR program evaluates $1,832/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78834, Carrizo Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,029 (100%) |
| Owner Occupied HU | 1,613 (53.3%) |
| Renter Occupied HU | 715 (23.6%) |
| Vacant Housing Units | 701 (23.1%) |
| Median Home Value | $87,137 |
| Average Home Value | $136,525 |
Housing Distribution
Address Breakdown
Residential
2,131
Single Family
2,047
Multi-Family
84
Businesses
300
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Listed by: Lydia Saenz • Prime Properties-Winter Garden
Mls Name: SABOR
Mls Provider:
Mls ID: #1818828
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.