611 Tower Oak DrAlamoTX78516
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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 Alamo at 611 Tower Oak Dr, Alamo, TX, 78516 offers a 9.35% rental yield on a $246,500 purchase with $1,920/mo rent. Total monthly income registers $1,920/mo, and a $1,206/mo payment leaves $168/mo available for distribution. Annual cash flow reaches $2,011/yr on $81,715 to close, and return on cash invested stands at 22.37% in year one. Equity gained on principal adds $1,591/yr while 5% annual appreciation supports $68,103 over five years. Portfolio math shows five-year ROI at 117.27% and total cumulative return in cash at $95,823. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $1,206/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78516, Alamo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,392 (100%) |
| Owner Occupied HU | 8,244 (61.6%) |
| Renter Occupied HU | 2,527 (18.9%) |
| Vacant Housing Units | 2,621 (19.6%) |
| Median Home Value | $126,098 |
| Average Home Value | $147,718 |
Housing Distribution
Address Breakdown
Residential
11,558
Single Family
10,219
Multi-Family
1,339
Businesses
541
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