We recently discussed Investment Homes in San Antonio, TX and how it is such a great time to purchase investment properties in San Antonio due to factors such as increased demand & rental rates as well as historically low interest rates.
Well…we want to take it a step further & discuss how hot the rental market is in the Stone Oak & Far North San Antonio area!
We are finding that when we list homes for rent in this area, the phone rings off the hook with prospects wanting to view the properties and we usually end up with a qualified applicant & signed lease within a matter of days! In fact, stats show that the median days on the market for rental homes in the area over the past 3 months was only 15 days…
The Stone Oak & Far North San Antonio area is loaded with great shopping and incredible restaurants…plus it offers close proximity to many major employers, medical offices & hospitals….and the airport & downtown are just a hop, skip & jump away!
What else does this area offer? Excellent Schools!
Combine all of these factors together & you see why Investment Homes in Stone Oak & Far North San Antonio are in such high demand!
The Stone Oak & Far Norh San Antonio area offers quite a nice range of property prices. You can find new construction properties starting as low as the $120′s. With rental rates in the area typically starting the $1100 range, even with minimal down payments, properties can cash-flow. So…whether paying cash or financing, you can expect a great return on investment.
If you are considering purchasing a rental home in San Antonio, you should definitely consider an Investment Home in the Stone Oak & Far North San Antonio area.
Here is some more good news…Zars & Rogers REALTORS® can help you with every step of the processes…from your property search, to negotiating a sales contract, to obtaining financing (if needed), to marketing & getting the property leased to property management! We are here to make the process hassle free & rewarding!
Call us today (210) 209-8711 so that we can get started on finding your Investment Home or Homes in San Antonio!