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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 Castroville at Progreso Plan, Megan's Landing, Castroville, TX, 78009 offers a 10.18% rental yield on a $381,990 purchase with $3,239/mo rent. Total monthly income registers $3,239/mo, and a $1,870/mo payment leaves $522/mo available for distribution. Annual cash flow reaches $6,267/yr on $126,630 to close, and return on cash invested stands at 24.86% in year one. Equity gained on principal adds $2,465/yr while 5% annual appreciation supports $105,537 over five years. Portfolio math shows five-year ROI at 130.62% and total cumulative return in cash at $165,397. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,239/mo property income against a $1,870/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78009, Castroville, TX area.
| 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 |
Residential
3,450
Single Family
3,450
Multi-Family
0
Businesses
405
Date | Event | Price |
|---|---|---|
| 2024-11-16 | Price change | $381,990 |
| 2024-08-14 | Listed for sale | $384,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Coventry Homes
Mls Name: McGuyer Homebuilders, Inc.
Mls ID: #N/A
