421 Los Tobias DrCarrizo 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 421 Los Tobias Dr, Carrizo Springs, TX, 78834 uses $33,150 cash to close to unlock $724/yr annual cash flow and $60/mo monthly cash flow. Total monthly income runs $771/mo, and a $489/mo payment keeps the spread at $60/mo. Purchase price stands at $100,000, and rental yield measures 9.25% with $771/mo rent. Return on cash invested shows 22.09% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 115.89% and total cumulative return in cash records $38,416. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $771/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1980
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: Victoria Salinas • MJC Real Estate
Mls Name: EPBOR
Mls ID: #81452