405 N 14TH 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
Investment property for sale in Carrizo Springs at 405 N 14TH ST, Carrizo Springs, TX, 78834 offers a 11.27% rental yield on a $119,000 purchase with $1,118/mo rent. Total monthly income registers $1,118/mo, and a $582/mo payment leaves $272/mo available for distribution. Annual cash flow reaches $3,267/yr on $39,449 to close, and return on cash invested stands at 28.19% in year one. Equity gained on principal adds $768/yr while 5% annual appreciation supports $32,878 over five years. Portfolio math shows five-year ROI at 148.58% and total cumulative return in cash at $58,613. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,118/mo property income against a $582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
10,802 sqft 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: #1810959
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.