Iris Plan, Stewart CovesSan JuanTX78589
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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
Rental property for sale in San Juan at Iris Plan, Stewart Coves, San Juan, TX, 78589 priced at $260,990 converts $2,160/mo rent into $304/mo cash flow after a $1,277/mo obligation. Total monthly income equals $2,160/mo, and annual cash flow totals $3,654/yr on $86,518 invested. Return on cash invested prints 24.13% in year one, and rental yield reads 9.93% against a $260,990 entry. Equity gained on principal adds $1,684/yr, while 5% annual appreciation compiles into $72,107 by year five. Five-year ROI reaches 126.73% and total cumulative return in cash sums $109,648. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $1,277/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78589, San Juan, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,025 (100%) |
| Owner Occupied HU | 9,265 (71.1%) |
| Renter Occupied HU | 2,715 (20.8%) |
| Vacant Housing Units | 1,045 ( 8.0%) |
| Median Home Value | $138,194 |
| Average Home Value | $162,524 |
Housing Distribution
Address Breakdown
Residential
11,788
Single Family
11,538
Multi-Family
250
Businesses
781
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