465 Double GateCastrovilleTX78009
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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
Rental property for sale in Castroville at 465 Double Gate, Castroville, TX, 78009 priced at $600,000 converts $2,959/mo rent into after a $2,937/mo obligation. Total monthly income equals $2,959/mo. Return on cash invested prints 12.11% in year one, and rental yield reads 5.92% against a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation compiles into $165,769 by year five. Five-year ROI reaches 62.2% and total cumulative return in cash sums $122,784. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,959/mo property income covering a $2,937/mo payment, not borrower’s personal income.
Single Family
Built in 2020
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78009, Castroville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,797 (100%) |
| Owner Occupied HU | 3,081 (81.1%) |
| Renter Occupied HU | 489 (12.9%) |
| Vacant Housing Units | 227 ( 6.0%) |
| Median Home Value | $350,619 |
| Average Home Value | $392,243 |
Housing Distribution
Address Breakdown
Residential
3,450
Single Family
3,450
Multi-Family
0
Businesses
405
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Listed by: Connie Rodriguez • Texas Premier Realty
Mls Name: LERA MLS
Mls ID: #1925144