404 Basket Grass RdSan MarcosTX78666
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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 San Marcos at 404 Basket Grass Rd, San Marcos, TX, 78666 uses $163,675 cash to close to unlock $642/yr annual cash flow and $54/mo monthly cash flow. Total monthly income runs $3,620/mo, and a $2,417/mo payment keeps the spread at $54/mo. Purchase price stands at $493,741, and rental yield measures 8.8% with $3,620/mo rent. Return on cash invested shows 20.3% in year one, and 5% annual appreciation builds toward $136,412 over five years. Five-year ROI reaches 106.31% and total cumulative return in cash records $174,011. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,620/mo property income covering a $2,417/mo payment rather than investor’s personal income.
Single Family
Built in 2024
4,573 sqft lot
$N/A/sqft
$55 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78666, San Marcos, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 43,075 (100%) |
| Owner Occupied HU | 15,586 (36.2%) |
| Renter Occupied HU | 23,173 (53.8%) |
| Vacant Housing Units | 4,316 (10.0%) |
| Median Home Value | $338,265 |
| Average Home Value | $387,771 |
Housing Distribution
Address Breakdown
Residential
35,098
Single Family
22,235
Multi-Family
12,863
Businesses
2,306
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Listed by: Matthew Menard • Austin Real Estate Experts
Mls Name: SABOR
Mls Provider:
Mls ID: #1823516
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.