114 Fox DrDel RioTX78840
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
Investment property for sale in Del Rio at 114 Fox Dr, Del Rio, TX, 78840 listed at $299,500 pairs $3,515/mo rent with a $1,466/mo payment to leave $1,320/mo cash flow. Total monthly income runs $3,515/mo, and annual cash flow reaches $15,843/yr on $99,284 cash to close. Return on cash invested measures 35.87% in year one, and rental yield registers 14.08% at a $299,500 basis. Equity gained on principal adds $1,933/yr, and annual property appreciation at 5% supports $82,746 by year five. Five-year ROI tracks 189.94% and total cumulative return in cash totals $188,579. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,515/mo property income relative to a $1,466/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78840, Del Rio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,647 (100%) |
| Owner Occupied HU | 10,623 (57.0%) |
| Renter Occupied HU | 5,537 (29.7%) |
| Vacant Housing Units | 2,487 (13.3%) |
| Median Home Value | $181,029 |
| Average Home Value | $222,331 |
Housing Distribution
Address Breakdown
Residential
18,108
Single Family
17,130
Multi-Family
978
Businesses
1,131
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Perez • Texas Heritage Real Estate
Mls Name: Del Rio BOR
Mls ID: #205746
Disclaimer: Based on information from the Multiple Listing Service of the Del Rio Board of REALTORS as of 2024-01-25 09:05:47 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Del Rio Board of REALTORS provides the MLS and all content therein AS IS and without any warranty, express or implied.