489 middle greenFloresvilleTX78114
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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 Floresville at 489 middle green, Floresville, TX, 78114 offers $2,255/mo rent that, after a $1,346/mo payment, leaves $299/mo cash flow. Total monthly income is $2,255/mo, and annual cash flow is $3,593/yr on $91,163 cash. Return on cash invested measures 23.85% in year one, and rental yield stands at 9.84% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 125.22% and total cumulative return in cash reaches $114,155. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,255/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78114, Floresville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,050 (100%) |
| Owner Occupied HU | 6,869 (75.9%) |
| Renter Occupied HU | 1,496 (16.5%) |
| Vacant Housing Units | 685 ( 7.6%) |
| Median Home Value | $299,331 |
| Average Home Value | $349,283 |
Housing Distribution
Address Breakdown
Residential
8,721
Single Family
8,580
Multi-Family
141
Businesses
609
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Listed by: Robert Fedewa • Real Broker, LLC
Mls Name: LERA MLS
Mls ID: #1880576