Axtell Plan, Megan's LandingCastrovilleTX78009
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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 Castroville at Axtell Plan, Megan's Landing, Castroville, TX, 78009 offers a 10.48% rental yield on a $370,990 purchase with $3,239/mo rent. Total monthly income registers $3,239/mo, and a $1,816/mo payment leaves $601/mo available for distribution. Annual cash flow reaches $7,208/yr on $122,983 to close, and return on cash invested stands at 25.77% in year one. Equity gained on principal adds $2,394/yr while 5% annual appreciation supports $102,498 over five years. Portfolio math shows five-year ROI at 135.49% and total cumulative return in cash at $166,624. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,239/mo property income against a $1,816/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
3,450
Single Family
3,450
Multi-Family
0
Businesses
405
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Listed by: N/A • Coventry Homes
Mls Name: Coventry Homes
Mls ID: #N/A