16103 State Highway 16 NMedinaTX78055
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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 Medina at 16103 State Highway 16 N, Medina, TX, 78055 generates $1,241/mo in rent, after a $4,895/mo payment. Total monthly income is $1,241/mo. Return on cash invested sits at -1.35% in year one, and rental yield is 1.49% on a $999,999 entry. Equity gained on principal adds $6,453/yr, while 5% annual appreciation builds toward $276,281 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,241/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78055, Medina, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,148 (100%) |
| Owner Occupied HU | 636 (55.4%) |
| Renter Occupied HU | 133 (11.6%) |
| Vacant Housing Units | 379 (33.0%) |
| Median Home Value | $358,268 |
| Average Home Value | $492,563 |
Housing Distribution
Address Breakdown
Residential
530
Single Family
530
Multi-Family
0
Businesses
63
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