Alexander II Plan, Megan's Landing, Castroville, TX, 78009 | 5.51% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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Alexander II Plan, Megan's Landing, Castroville, TX, 78009 | 5.51% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Castroville at Alexander II Plan, Megan's Landing, Castroville, TX, 78009 priced at $494,990 converts $2,274/mo rent into after a $2,423/mo obligation. Total monthly income equals $2,274/mo. Return on cash invested prints 10.8% in year one, and rental yield reads 5.51% against a $494,990 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation compiles into $136,757 by year five. Five-year ROI reaches 55.17% and total cumulative return in cash sums $90,535. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,274/mo property income covering a $2,423/mo payment, not borrower’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Step into the Alexander II and imagine a home designed for the way you live-balancing productivity, connection, and relaxation all under one roof. From the moment you walk through the front door, you're welcomed by a private study situated at the front of the home, offering the perfect space to focus while working from home, managing your schedule, or enjoying quiet reading time away from the main living areas.As you move through the entryway, the heart of the home unfolds into a stunning gourmet kitchen featuring a walk-in pantry, upgraded finishes, and a generous center island that serves as a natural gathering place. Whether you're hosting friends for a casual dinner or enjoying a quiet morning coffee, the open flow into the spacious family room keeps everyone connected. Glass doors at the rear open directly onto a covered patio-ideal for weekend barbecues, evening wine, or simply enjoying a breath of fresh air.Just off the living area, a retreat provides the perfect flex space-imagine it as a lively game room, a second TV area for movie marathons, or a creative play zone. The luxurious primary suite is tucked away for added privacy and features a spa-like bath with separate vanities, an oversized shower, garden tub, and two walk-in closets-offering both comfort and functionality.With a three-car garage, there's room for vehicles, hobbies, and storage alike. Plus, an optional fourth bedroom and third bath allow you to tailor the space to your lifestyle, whether you need...

Neighborhood Data

Neighborhood data shown for ZIP Code: 78009, Castroville, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,797 (100%)
Owner Occupied HU	3,081 (81.1%)
Renter Occupied HU	489 (12.9%)
Vacant Housing Units	227 ( 6.0%)
Median Home Value	$350,619
Average Home Value	$392,243