630 MARIPOSAConcanTX78838
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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 Concan at 630 MARIPOSA, Concan, TX, 78838 offers a 9.63% rental yield on a $599,000 purchase with $4,805/mo rent. Total monthly income registers $4,805/mo, and a $2,932/mo payment leaves $512/mo available for distribution. Annual cash flow reaches $6,143/yr on $197,071 to close, and return on cash invested stands at 23.18% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 121.62% and total cumulative return in cash at $239,674. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,805/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
1.12 Acres lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78838, Concan, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 245 (100%) |
| Owner Occupied HU | 111 (45.3%) |
| Renter Occupied HU | 14 ( 5.7%) |
| Vacant Housing Units | 120 (49.0%) |
| Median Home Value | $386,111 |
| Average Home Value | $435,766 |
Housing Distribution
Address Breakdown
Residential
58
Single Family
58
Multi-Family
0
Businesses
63
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Listed by: Avery Milam • Lantana Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1756137
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.