7038 Forest WaySan AntonioTX78240
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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 San Antonio at 7038 Forest Way, San Antonio, TX, 78240 uses $64,808 cash to close to unlock $932/yr annual cash flow and $78/mo monthly cash flow. Total monthly income runs $1,468/mo, and a $957/mo payment keeps the spread at $78/mo. Purchase price stands at $195,500, and rental yield measures 9.01% with $1,468/mo rent. Return on cash invested shows 21.35% in year one, and 5% annual appreciation builds toward $54,013 over five years. Five-year ROI reaches 111.8% and total cumulative return in cash records $72,455. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,468/mo property income covering a $957/mo payment rather than investor’s personal income.
Single Family
Built in 1970
8,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78240, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,474 (100%) |
| Owner Occupied HU | 9,316 (32.7%) |
| Renter Occupied HU | 16,325 (57.3%) |
| Vacant Housing Units | 2,833 ( 9.9%) |
| Median Home Value | $286,651 |
| Average Home Value | $323,913 |
Housing Distribution
Address Breakdown
Residential
28,197
Single Family
12,708
Multi-Family
15,489
Businesses
915
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Listed by: Norman Muller • Century 21 Scott Myers, REALTORS
Mls Name: LERA MLS
Mls ID: #1926573