532 Park CirHondoTX78861
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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 Hondo at 532 Park Cir, Hondo, TX, 78861 uses $49,682 cash to close to unlock $23,188/yr annual cash flow and $1,932/mo monthly cash flow. Total monthly income runs $3,056/mo, and a $734/mo payment keeps the spread at $1,932/mo. Purchase price stands at $149,870, and rental yield measures 24.47% with $3,056/mo rent. Return on cash invested shows 66.58% in year one, and 5% annual appreciation builds toward $41,406 over five years. Five-year ROI reaches 354.92% and total cumulative return in cash records $176,329. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,056/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in N/A
4,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78861, Hondo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,087 (100%) |
| Owner Occupied HU | 3,400 (66.8%) |
| Renter Occupied HU | 1,097 (21.6%) |
| Vacant Housing Units | 590 (11.6%) |
| Median Home Value | $226,954 |
| Average Home Value | $278,011 |
Housing Distribution
Address Breakdown
Residential
4,995
Single Family
4,617
Multi-Family
378
Businesses
502
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