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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 Devine at 101 county road 2638, Devine, TX, 78016 uses $65,306 cash to close to unlock $21,148/yr annual cash flow and $1,762/mo monthly cash flow. Total monthly income runs $3,163/mo, and a $964/mo payment keeps the spread at $1,762/mo. Purchase price stands at $197,000, and rental yield measures 19.27% with $3,163/mo rent. Return on cash invested shows 52.29% in year one, and 5% annual appreciation builds toward $54,427 over five years. Five-year ROI reaches 277.76% and total cumulative return in cash records $181,394. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,163/mo property income covering a $964/mo payment rather than investor’s personal income.
Manufactured
Built in 2014
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78016, Devine, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,139 (100%) |
| Owner Occupied HU | 2,895 (69.9%) |
| Renter Occupied HU | 836 (20.2%) |
| Vacant Housing Units | 408 ( 9.9%) |
| Median Home Value | $234,520 |
| Average Home Value | $289,339 |
Residential
3,988
Single Family
3,988
Multi-Family
0
Businesses
332
Date | Event | Price |
|---|---|---|
| 2024-06-04 | Price change | $197,000 |
| 2024-05-15 | Listed for sale | $200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jeremy Martinez • JB Goodwin, REALTORS
Mls Name: SABOR
Mls Provider:
Mls ID: #1775219
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
