42 Gladiola 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 42 Gladiola St, Alamo, TX, 78516 uses $61,328 cash to close to unlock $1,955/yr annual cash flow and $163/mo monthly cash flow. Total monthly income runs $1,478/mo, and a $905/mo payment keeps the spread at $163/mo. Purchase price stands at $185,000, and rental yield measures 9.59% with $1,478/mo rent. Return on cash invested shows 23.1% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 121.14% and total cumulative return in cash records $74,295. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,478/mo property income covering a $905/mo payment rather than investor’s personal income.
Manufactured
Built in 1993
0.54 Acres 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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