498 County Road 124FloresvilleTX78114
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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 498 County Road 124, Floresville, TX, 78114 generates $1,508/mo in rent, after a $1,331/mo payment. Total monthly income is $1,508/mo. Return on cash invested sits at 14.24% in year one, and rental yield is 6.66% on a $271,900 entry. Equity gained on principal adds $1,755/yr, while 5% annual appreciation builds toward $75,121 over five years. Five-year ROI reaches 73.69% and total cumulative return in cash sums $66,418. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,508/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
1.30 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: Tiffany Kosub • TKO Listings, LLC
Mls Name: Central Texas MLS
Mls ID: #601857