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Updated over 4 years ago,
Canadian Investor - Analyzing San Antonio
Hi BP
I was wondering if anybody had some insights in the San Antonio market. I'm from Toronto, Canada and I am new to the Bigger Pocket platform. I am still in the learning phase where I'm listening to podcast and reading books.
I have started to analyze the San Antonio market and I have a couple of questions.
I was looking at zipcode 78244 and noticed that the homes were ranging between 120K to 249K while rents had a median value of 1400 to 1600 for a three bedroom home. I used Trulia to look at the crime map of that area and it's low. However when I looked at the schools assigned to the houses in the area, it wasn't great. Those schools had ratings of 3/10 to 4/10.
My question is, does anyone know if this area has something of value to a renter since the rental price of 1400 to 1500 a month is comparable to other zip codes in San Antonio that have better schools.
Cheers,
Can Yilmaz