888 Lobo LoopHondoTX78861
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 888 Lobo Loop, Hondo, TX, 78861 priced at $173,000 converts $1,347/mo rent into $117/mo cash flow after a $847/mo obligation. Total monthly income equals $1,347/mo, and annual cash flow totals $1,398/yr on $57,350 invested. Return on cash invested prints 22.35% in year one, and rental yield reads 9.34% against a $173,000 entry. Equity gained on principal adds $1,116/yr, while 5% annual appreciation compiles into $47,797 by year five. Five-year ROI reaches 117.16% and total cumulative return in cash sums $67,191. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,347/mo property income covering a $847/mo payment, not borrower’s personal income.
Manufactured
Built in 2022
0.94 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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