








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Bandera at 575 GRANDVIEW CIR, Bandera, TX, 78003 priced at $199,000 pairs $1,718/mo rent with $303/mo cash flow after a $974/mo payment. Total monthly income equals $1,718/mo, and annual cash flow comes to $3,635/yr on $65,969 invested. Return on cash invested is 25.42% in year one, and rental yield stands at 10.36% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 133.58% and total cumulative return in cash reaches $88,122. For financing, Ziffy Mortgage’s DSCR program evaluates $1,718/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2017
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78003, Bandera, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,611 (100%) |
| Owner Occupied HU | 3,748 (66.8%) |
| Renter Occupied HU | 736 (13.1%) |
| Vacant Housing Units | 1,127 (20.1%) |
| Median Home Value | $274,510 |
| Average Home Value | $383,783 |
Residential
3,940
Single Family
3,864
Multi-Family
76
Businesses
460
Date | Event | Price |
|---|---|---|
| 2024-07-22 | Price change | $199,000 |
| 2024-05-10 | Listed for sale | $210,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $218.52 | -20.45% | $66,297 | 10.00% |
| 2022-08-13 | $274.70 | N/A | $60,270 | 10.00% |
| 2021-08-13 | N/A | N/A | $54,791 | 10.00% |



Listed by: Mario Martinez • Real
Mls Name: SABOR
Mls Provider:
Mls ID: #1774004
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.