7029 Avenue OSanta FeTX77510
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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 Santa Fe at 7029 Avenue O, Santa Fe, TX, 77510 generates $3,319/mo in rent, after a $2,413/mo payment. Total monthly income is $3,319/mo. Return on cash invested sits at 18.54% in year one, and rental yield is 8.08% on a $493,000 entry. Equity gained on principal adds $3,181/yr, while 5% annual appreciation builds toward $136,207 over five years. Five-year ROI reaches 96.71% and total cumulative return in cash sums $158,058. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,319/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77510, Santa Fe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,394 (100%) |
| Owner Occupied HU | 4,922 (77.0%) |
| Renter Occupied HU | 1,123 (17.6%) |
| Vacant Housing Units | 349 ( 5.5%) |
| Median Home Value | $356,061 |
| Average Home Value | $376,350 |
Housing Distribution
Address Breakdown
Residential
5,951
Single Family
5,589
Multi-Family
362
Businesses
407
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