113 Leon AveRhomeTX76078
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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 Rhome at 113 Leon Ave, Rhome, TX, 76078 priced at $332,900 converts $2,826/mo rent into $379/mo cash flow after a $1,629/mo obligation. Total monthly income equals $2,826/mo, and annual cash flow totals $4,549/yr on $110,356 invested. Return on cash invested prints 24.03% in year one, and rental yield reads 10.19% against a $332,900 entry. Equity gained on principal adds $2,148/yr, while 5% annual appreciation compiles into $91,974 by year five. Five-year ROI reaches 126.5% and total cumulative return in cash sums $139,605. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,826/mo property income covering a $1,629/mo payment, not borrower’s personal income.
Single Family
Built in 2025
5,998 sqft lot
$N/A/sqft
$960 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76078, Rhome, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,203 (100%) |
| Owner Occupied HU | 3,527 (83.9%) |
| Renter Occupied HU | 495 (11.8%) |
| Vacant Housing Units | 181 ( 4.3%) |
| Median Home Value | $377,331 |
| Average Home Value | $441,454 |
Housing Distribution
Address Breakdown
Residential
4,000
Single Family
4,000
Multi-Family
0
Businesses
245
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