801 Grand OaksHondoTX78861
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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 Hondo at 801 Grand Oaks, Hondo, TX, 78861 offers $1,674/mo rent that, after a $3,549/mo payment. Total monthly income is $1,674/mo. Return on cash invested measures 2.54% in year one, and rental yield stands at 2.77% at a $725,000 entry. Equity gained on principal adds $4,678/yr while 5% annual appreciation compounds into $200,304 by year five. Five-year ROI records 10.89% and total cumulative return in cash reaches $25,985. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,674/mo property income versus a $3,549/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
6.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78861, Hondo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,087 (100%) |
| Owner Occupied HU | 3,400 (66.8%) |
| Renter Occupied HU | 1,097 (21.6%) |
| Vacant Housing Units | 590 (11.6%) |
| Median Home Value | $226,954 |
| Average Home Value | $278,011 |
Housing Distribution
Address Breakdown
Residential
4,995
Single Family
4,617
Multi-Family
378
Businesses
502
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