6318 Ridge PassSan AntonioTX78233
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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
Rental property for sale in San Antonio at 6318 Ridge Pass, San Antonio, TX, 78233 priced at $169,950 converts $1,331/mo rent into $122/mo cash flow after a $832/mo obligation. Total monthly income equals $1,331/mo, and annual cash flow totals $1,467/yr on $56,338 invested. Return on cash invested prints 22.51% in year one, and rental yield reads 9.4% against a $169,950 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,954 by year five. Five-year ROI reaches 118.1% and total cumulative return in cash sums $66,533. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,331/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1976
7,710 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78233, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,939 (100%) |
| Owner Occupied HU | 12,430 (56.7%) |
| Renter Occupied HU | 8,393 (38.3%) |
| Vacant Housing Units | 1,116 ( 5.1%) |
| Median Home Value | $244,635 |
| Average Home Value | $274,163 |
Housing Distribution
Address Breakdown
Residential
20,360
Single Family
16,246
Multi-Family
4,114
Businesses
1,159
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Listed by: Thomas Lee • Starbright Realty
Mls Name: LERA MLS
Mls ID: #1863343