606 Strings Drive #126San AntonioTX78216
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 606 Strings Drive #126, San Antonio, TX, 78216 in San Antonio achieves 1.74, rent of $1,157/mo covers the $666/mo payment 1.5x over at $148,000. Rental yield 9%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $40,890 over five years, with $1,363/yr in principal reduction bringing total projected return to $42,467.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 5.8% |
| Monthly Cash Flow | $(291) | $450 |
City averages based on San Antonio market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,157 |
| Total Monthly Debt Service | $1,343 |
| DSCR Ratio | 0.86x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1972
N/A lot
$N/A/sqft
$349 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78216, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,504 (100%) |
| Owner Occupied HU | 6,460 (34.9%) |
| Renter Occupied HU | 9,909 (53.6%) |
| Vacant Housing Units | 2,135 (11.5%) |
| Median Home Value | $341,731 |
| Average Home Value | $359,122 |
Housing Distribution
Address Breakdown
Residential
19,602
Single Family
7,816
Multi-Family
11,786
Businesses
3,400
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1972
N/A lot
$N/A/sqft
$349 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78216, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,504 (100%) |
| Owner Occupied HU | 6,460 (34.9%) |
| Renter Occupied HU | 9,909 (53.6%) |
| Vacant Housing Units | 2,135 (11.5%) |
| Median Home Value | $341,731 |
| Average Home Value | $359,122 |
Housing Distribution
Address Breakdown
Residential
19,602
Single Family
7,816
Multi-Family
11,786
Businesses
3,400
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hannah Roberts • Real Broker, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1862183
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.