510 MitchellSchertzTX78154
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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
Investment property for sale in Schertz at 510 Mitchell, Schertz, TX, 78154 uses $59,637 cash to close to unlock $1,371/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $1,394/mo, and a $881/mo payment keeps the spread at $114/mo. Purchase price stands at $179,900, and rental yield measures 9.3% with $1,394/mo rent. Return on cash invested shows 22.21% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 116.46% and total cumulative return in cash records $69,453. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,394/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1953
10,280 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78154, Schertz, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,854 (100%) |
| Owner Occupied HU | 11,748 (69.7%) |
| Renter Occupied HU | 4,430 (26.3%) |
| Vacant Housing Units | 676 ( 4.0%) |
| Median Home Value | $337,195 |
| Average Home Value | $362,054 |
Housing Distribution
Address Breakdown
Residential
16,857
Single Family
14,951
Multi-Family
1,906
Businesses
1,410
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