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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 141 county road 762, Devine, TX, 78016 generates $2,401/mo in rent, after a $2,437/mo payment. Total monthly income is $2,401/mo. Return on cash invested sits at 11.62% in year one, and rental yield is 5.79% on a $498,000 entry. Equity gained on principal adds $3,214/yr, while 5% annual appreciation builds toward $137,588 over five years. Five-year ROI reaches 59.64% and total cumulative return in cash sums $98,452. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,401/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
4.79 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 |
|---|---|---|
| 2024-10-01 | Price change | $498,000 |
| 2024-09-17 | Price change | $508,000 |
| 2024-08-31 | Listed for sale | $510,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-23 | $3653.84 | -13.04% | $285,434 | 10.00% |
| 2022-10-23 | $4201.87 | 1.26% | $259,485 | 10.00% |
| 2021-10-23 | $4149.39 | 2.84% | $235,895 | 10.00% |
What's Special
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Listed by: Melissa Rodriguez • TX SOLD, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1805458
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.
