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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% |
Investment property for sale in Concan at 902 Mariposa Ave, Concan, TX, 78838 offers a 3.49% rental yield on a $660,000 purchase with $1,920/mo rent. 74% in year one. Equity gained on principal adds $4,259/yr while 5% annual appreciation supports $182,346 over five years. Portfolio math shows five-year ROI at 22.65% and total cumulative return in cash at $49,185. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $3,230/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2003
3.46 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 |
|---|---|---|
| 2024-11-11 | Price change | $660,000 |
| 2024-08-05 | Listed for sale | $675,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Raymond Martinez • Frio First Realty, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1798790
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.
