7048 Elm CoveSan AntonioTX78244
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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 7048 Elm Cove, San Antonio, TX, 78244 uses $48,399 cash to close to unlock $3,712/yr annual cash flow and $309/mo monthly cash flow. Total monthly income runs $1,348/mo, and a $715/mo payment keeps the spread at $309/mo. Purchase price stands at $146,000, and rental yield measures 11.08% with $1,348/mo rent. Return on cash invested shows 27.58% in year one, and 5% annual appreciation builds toward $40,337 over five years. Five-year ROI reaches 145.26% and total cumulative return in cash records $70,306. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,348/mo property income covering a $715/mo payment rather than investor’s personal income.
Single Family
Built in 2023
1,437 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78244, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,066 (100%) |
| Owner Occupied HU | 9,199 (65.4%) |
| Renter Occupied HU | 3,968 (28.2%) |
| Vacant Housing Units | 899 ( 6.4%) |
| Median Home Value | $241,199 |
| Average Home Value | $256,297 |
Housing Distribution
Address Breakdown
Residential
13,399
Single Family
12,286
Multi-Family
1,113
Businesses
239
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Listed by: Fiona Downing • LPT Realty, LLC
Mls Name: LERA MLS
Mls ID: #1937937