403.5 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 403.5 RETTA ST, Carrizo Springs, TX, 78834 priced at $149,000 pairs $1,171/mo rent with $112/mo cash flow after a $729/mo payment. Total monthly income equals $1,171/mo, and annual cash flow comes to $1,341/yr on $49,394 invested. Return on cash invested is 22.62% in year one, and rental yield stands at 9.43% on a $149,000 basis. Equity gained on principal adds $961/yr, and 5% annual appreciation accumulates to $41,166 by year five. Five-year ROI measures 118.61% and total cumulative return in cash reaches $58,588. For financing, Ziffy Mortgage’s DSCR program evaluates $1,171/mo property income against a $729/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A 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: Karen Ramirez • Texas Premier Realty
Mls Name: LERA MLS
Mls ID: #1723240