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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% |
Rental property for sale in Devine at 105 W Dilley Ave, Devine, TX, 78016 offers $2,184/mo rent that, after a $1,463/mo payment, leaves $58/mo cash flow. Total monthly income is $2,184/mo, and annual cash flow is $699/yr on $99,119 cash. Return on cash invested measures 20.61% in year one, and rental yield stands at 8.77% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 107.86% and total cumulative return in cash reaches $106,906. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,184/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
9,147 sqft 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 |
|---|---|---|
| 2024-08-23 | Listed for sale | $299,000 |
| 2024-04-29 | Listing removed | N/A |
| 2024-04-17 | Contingent | $274,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Misty Thompson • KW Thompson Houston Real Estate
Mls Name: SABOR
Mls Provider:
Mls ID: #1803500
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.
