0 Fm Road 771RivieraTX78379
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Riviera at 0 Fm Road 771, Riviera, TX, 78379 priced at $129,000 converts $1,547/mo rent into $630/mo cash flow after a $631/mo obligation. Total monthly income equals $1,547/mo, and annual cash flow totals $7,561/yr on $42,764 invested. Return on cash invested prints 37.59% in year one, and rental yield reads 14.39% against a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation compiles into $35,640 by year five. Five-year ROI reaches 198.96% and total cumulative return in cash sums $85,081. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,547/mo property income covering a $631/mo payment, not borrower’s personal income.
Lot
Built in N/A
8.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78379, Riviera, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,111 (100%) |
| Owner Occupied HU | 640 (57.6%) |
| Renter Occupied HU | 129 (11.6%) |
| Vacant Housing Units | 342 (30.8%) |
| Median Home Value | $243,694 |
| Average Home Value | $270,648 |
Housing Distribution
Address Breakdown
Residential
850
Single Family
621
Multi-Family
229
Businesses
44
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Listed by: Joseph Cortez • Create Realty Group
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #426464
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.