411 Palmetto Palm StAlamoTX78516
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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 Alamo at 411 Palmetto Palm St, Alamo, TX, 78516 offers a 9.11% rental yield on a $100,000 purchase with $759/mo rent. Total monthly income registers $759/mo, and a $489/mo payment leaves $48/mo available for distribution. Annual cash flow reaches $580/yr on $33,150 to close, and return on cash invested stands at 21.66% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 113.57% and total cumulative return in cash at $37,648. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $759/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1984
7,997 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78516, Alamo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,392 (100%) |
| Owner Occupied HU | 8,244 (61.6%) |
| Renter Occupied HU | 2,527 (18.9%) |
| Vacant Housing Units | 2,621 (19.6%) |
| Median Home Value | $126,098 |
| Average Home Value | $147,718 |
Housing Distribution
Address Breakdown
Residential
11,558
Single Family
10,219
Multi-Family
1,339
Businesses
541
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