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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 1203 W HONDO AVE, Devine, TX, 78016 priced at $233,000 pairs $1,798/mo rent with $142/mo cash flow after a $1,140/mo payment. Total monthly income equals $1,798/mo, and annual cash flow comes to $1,698/yr on $77,240 invested. Return on cash invested is 22.11% in year one, and rental yield stands at 9.26% on a $233,000 basis. Equity gained on principal adds $1,504/yr, and 5% annual appreciation accumulates to $64,374 by year five. Five-year ROI measures 115.85% and total cumulative return in cash reaches $89,485. For financing, Ziffy Mortgage’s DSCR program evaluates $1,798/mo property income against a $1,140/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
9,016 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 |
|---|---|---|
| 2024-10-30 | Listed for sale | $233,000 |
| 2023-02-12 | Listing removed | N/A |
| 2022-12-31 | Listed for sale | $219,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $1825.68 | -5.01% | $190,772 | 10.00% |
| 2023-12-27 | $1922.07 | -26.74% | $173,429 | 10.00% |
| 2022-12-27 | $2623.67 | 1.32% | $157,663 | 10.00% |
Listed by: Deborah Petty • Morales Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1819734
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.
