8424 FOREST RIDGESan AntonioTX78239
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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 8424 FOREST RIDGE, San Antonio, TX, 78239 uses $56,353 cash to close to unlock $1,706/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $1,351/mo, and a $832/mo payment keeps the spread at $142/mo. Purchase price stands at $169,995, and rental yield measures 9.54% with $1,351/mo rent. Return on cash invested shows 22.94% in year one, and 5% annual appreciation builds toward $46,966 over five years. Five-year ROI reaches 120.35% and total cumulative return in cash records $67,820. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,351/mo property income covering a $832/mo payment rather than investor’s personal income.
Townhouse
Built in 2014
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78239, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,862 (100%) |
| Owner Occupied HU | 8,055 (62.6%) |
| Renter Occupied HU | 4,210 (32.7%) |
| Vacant Housing Units | 597 ( 4.6%) |
| Median Home Value | $265,067 |
| Average Home Value | $301,716 |
Housing Distribution
Address Breakdown
Residential
11,613
Single Family
10,772
Multi-Family
841
Businesses
223
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Listed by: Mary Velez • Legendary Realty
Mls Name: LERA MLS
Mls ID: #1864121