462 Springwood LnSan AntonioTX78216
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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 Antonio at 462 Springwood Ln, San Antonio, TX, 78216 uses $94,444 cash to close to unlock $3,498/yr annual cash flow and $291/mo monthly cash flow. Total monthly income runs $2,317/mo, and a $1,394/mo payment keeps the spread at $291/mo. Purchase price stands at $284,900, and rental yield measures 9.76% with $2,317/mo rent. Return on cash invested shows 23.61% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 123.93% and total cumulative return in cash records $117,047. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,317/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Single Family
Built in 1959
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78216, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,504 (100%) |
| Owner Occupied HU | 6,460 (34.9%) |
| Renter Occupied HU | 9,909 (53.6%) |
| Vacant Housing Units | 2,135 (11.5%) |
| Median Home Value | $341,731 |
| Average Home Value | $359,122 |
Housing Distribution
Address Breakdown
Residential
19,602
Single Family
7,816
Multi-Family
11,786
Businesses
3,400
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Listed by: Maria Pasquel Brun • Resi Realty, LLC
Mls Name: LERA MLS
Mls ID: #1890719