508 N Cherry StSan AntonioTX78202
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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 San Antonio at 508 N Cherry St, San Antonio, TX, 78202 priced at $409,990 converts $2,944/mo rent into after a $2,007/mo obligation. Total monthly income equals $2,944/mo. Return on cash invested prints 18.98% in year one, and rental yield reads 8.62% against a $409,990 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation compiles into $113,273 by year five. Five-year ROI reaches 99.54% and total cumulative return in cash sums $135,284. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,944/mo property income covering a $2,007/mo payment, not borrower’s personal income.
Single Family
Built in 1920
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78202, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,224 (100%) |
| Owner Occupied HU | 1,972 (37.7%) |
| Renter Occupied HU | 2,353 (45.0%) |
| Vacant Housing Units | 899 (17.2%) |
| Median Home Value | $272,549 |
| Average Home Value | $291,767 |
Housing Distribution
Address Breakdown
Residential
4,615
Single Family
4,044
Multi-Family
571
Businesses
291
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Listed by: Dayton Schrader • eXp Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1859313
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.