601 StarlightInglesideTX78362
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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 Ingleside at 601 Starlight, Ingleside, TX, 78362 priced at $359,000 converts $1,440/mo rent into after a $1,757/mo obligation. Total monthly income equals $1,440/mo. Return on cash invested prints 8.69% in year one, and rental yield reads 4.81% against a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation compiles into $99,185 by year five. Five-year ROI reaches 43.91% and total cumulative return in cash sums $52,255. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,440/mo property income covering a $1,757/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78362, Ingleside, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,866 (100%) |
| Owner Occupied HU | 2,688 (55.2%) |
| Renter Occupied HU | 1,371 (28.2%) |
| Vacant Housing Units | 807 (16.6%) |
| Median Home Value | $233,230 |
| Average Home Value | $265,187 |
Housing Distribution
Address Breakdown
Residential
4,729
Single Family
3,754
Multi-Family
975
Businesses
239
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