610 E Market St UNIT 2609San AntonioTX78205
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 610 E Market St UNIT 2609, San Antonio, TX, 78205 in San Antonio: $4,937/mo in rent, $1,186/mo net, 13.94% gross yield, all on a $425,000 acquisition. The 2.58 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $117,420 in value, and $3,914/yr in principal paydown steadily builds equity. Projected total cumulative return: $242,339.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.9% | 5.8% |
| Monthly Cash Flow | $1,186 | $450 |
City averages based on San Antonio market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,937 |
| Total Monthly Debt Service | $3,582 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2007
N/A lot
$N/A/sqft
$565 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78205, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,560 (100%) |
| Owner Occupied HU | 125 ( 8.0%) |
| Renter Occupied HU | 1,074 (68.8%) |
| Vacant Housing Units | 361 (23.1%) |
| Median Home Value | $588,483 |
| Average Home Value | $581,200 |
Housing Distribution
Address Breakdown
Residential
1,561
Single Family
35
Multi-Family
1,526
Businesses
1,271
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 2007
N/A lot
$N/A/sqft
$565 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78205, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,560 (100%) |
| Owner Occupied HU | 125 ( 8.0%) |
| Renter Occupied HU | 1,074 (68.8%) |
| Vacant Housing Units | 361 (23.1%) |
| Median Home Value | $588,483 |
| Average Home Value | $581,200 |
Housing Distribution
Address Breakdown
Residential
1,561
Single Family
35
Multi-Family
1,526
Businesses
1,271
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices