831 Canela DrAlamoTX78516
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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 Alamo at 831 Canela Dr, Alamo, TX, 78516 earns $202/mo cash flow from $1,432/mo rent with a $847/mo payment. Total monthly income totals $1,432/mo, and annual cash flow totals $2,418/yr on $57,350 capital. ROI tracks 24.13% on current figures, and rental yield reads 9.93% at a $173,000 purchase. Equity gained on principal adds $1,116/yr, and 5% annual appreciation supports $47,797 over five years. Five-year ROI reaches 126.7% and total cumulative return in cash sums $72,663. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,432/mo property income instead of your personal income.
Single Family
Built in 2023
6,298 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78516, Alamo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,392 (100%) |
| Owner Occupied HU | 8,244 (61.6%) |
| Renter Occupied HU | 2,527 (18.9%) |
| Vacant Housing Units | 2,621 (19.6%) |
| Median Home Value | $126,098 |
| Average Home Value | $147,718 |
Housing Distribution
Address Breakdown
Residential
11,558
Single Family
10,219
Multi-Family
1,339
Businesses
541
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