610 S 8thCarrizo 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 S 8th, Carrizo Springs, TX, 78834 listed at $189,000 pairs $2,240/mo rent with a $925/mo payment to leave $896/mo cash flow. Total monthly income runs $2,240/mo, and annual cash flow reaches $10,753/yr on $62,654 cash to close. Return on cash invested measures 37.07% in year one, and rental yield registers 14.22% at a $189,000 basis. Equity gained on principal adds $1,220/yr, and annual property appreciation at 5% supports $52,217 by year five. Five-year ROI tracks 196.16% and total cumulative return in cash totals $122,902. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,240/mo property income relative to a $925/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
0.28 Acres 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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Listed by: Lydia Saenz • Prime Properties-Winter Garden
Mls Name: LERA MLS
Mls ID: #1886347