50 Indian Paintbrush TrailConcanTX78838
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Concan at 50 Indian Paintbrush Trail, Concan, TX, 78838 priced at $665,000 converts $1,920/mo rent into after a $3,255/mo obligation. Total monthly income equals $1,920/mo. Return on cash invested prints 4.56% in year one, and rental yield reads 3.46% against a $665,000 entry. Equity gained on principal adds $4,291/yr, while 5% annual appreciation compiles into $183,727 by year five. Five-year ROI reaches 21.77% and total cumulative return in cash sums $47,635. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $3,255/mo payment, not borrower’s personal income.
Single Family
Built in 2005
1.01 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78838, Concan, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 245 (100%) |
| Owner Occupied HU | 111 (45.3%) |
| Renter Occupied HU | 14 ( 5.7%) |
| Vacant Housing Units | 120 (49.0%) |
| Median Home Value | $386,111 |
| Average Home Value | $435,766 |
Housing Distribution
Address Breakdown
Residential
58
Single Family
58
Multi-Family
0
Businesses
63
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Terry Carson • Encina Properties
Mls Name: SABOR
Mls Provider:
Mls ID: #1834401
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.