806 AVENUE SHondoTX78861
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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 Hondo at 806 AVENUE S, Hondo, TX, 78861 uses $41,438 cash to close to unlock $18,035/yr annual cash flow and $1,503/mo monthly cash flow. Total monthly income runs $2,392/mo, and a $612/mo payment keeps the spread at $1,503/mo. Purchase price stands at $125,000, and rental yield measures 22.96% with $2,392/mo rent. Return on cash invested shows 63.43% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 337.45% and total cumulative return in cash records $139,829. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,392/mo property income covering a $612/mo payment rather than investor’s personal income.
Manufactured
Built in 2023
6,490 sqft 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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Listed by: Ernest Fernandez • JVL Real Estate
Mls Name: SABOR
Mls Provider:
Mls ID: #1736480
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.