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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Concan at 856 MARIPOSA AVE, Concan, TX, 78838 priced at $450,000 converts $1,920/mo rent into after a $2,203/mo obligation. Total monthly income equals $1,920/mo. Return on cash invested prints 9.61% in year one, and rental yield reads 5.12% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 48.82% and total cumulative return in cash sums $72,834. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Single Family
Built in 1997
2.60 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78838, Concan, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 245 (100%) |
| Owner Occupied HU | 111 (45.3%) |
| Renter Occupied HU | 14 ( 5.7%) |
| Vacant Housing Units | 120 (49.0%) |
| Median Home Value | $386,111 |
| Average Home Value | $435,766 |
Residential
58
Single Family
58
Multi-Family
0
Businesses
63
Date | Event | Price |
|---|---|---|
| 2024-07-26 | Listed for sale | $450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jose Martinez • Frio Canyon Real Estate
Mls Name: SABOR
Mls Provider:
Mls ID: #1796353
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.
