610 N 9th StCarrizo SpringsTX78834
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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 Carrizo Springs at 610 N 9th St, Carrizo Springs, TX, 78834 uses $62,057 cash to close to unlock $13,284/yr annual cash flow and $1,107/mo monthly cash flow. Total monthly income runs $2,438/mo, and a $916/mo payment keeps the spread at $1,107/mo. Purchase price stands at $187,200, and rental yield measures 15.63% with $2,438/mo rent. Return on cash invested shows 41.32% in year one, and 5% annual appreciation builds toward $51,720 over five years. Five-year ROI reaches 218.93% and total cumulative return in cash records $135,861. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,438/mo property income covering a $916/mo payment rather than investor’s personal income.
Single Family
Built in 1990
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78834, Carrizo Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,029 (100%) |
| Owner Occupied HU | 1,613 (53.3%) |
| Renter Occupied HU | 715 (23.6%) |
| Vacant Housing Units | 701 (23.1%) |
| Median Home Value | $87,137 |
| Average Home Value | $136,525 |
Housing Distribution
Address Breakdown
Residential
2,131
Single Family
2,047
Multi-Family
84
Businesses
300
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