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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% |
Investment property for sale in Devine at 177.9 AC CR 7711, Devine, TX, 78016 listed at $1,423,200 pairs $1,200/mo rent with a $6,966/mo payment. Total monthly income runs $1,200/mo. Return on cash invested measures -2.85% in year one, and rental yield registers 1.01% at a $1,423,200 basis. Equity gained on principal adds $9,184/yr, and annual property appreciation at 5% supports $393,204 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,200/mo property income relative to a $6,966/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
177.90 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 |
|---|---|---|
| 2024-04-18 | Price change | $1,423,200 |
| 2024-04-03 | Listed for sale | $1,467,675 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar price properties found nearby.
Listed by: Clifton Shearrer • Brohill Realty Ltd
Mls Name: SABOR
Mls Provider:
Mls ID: #1763717
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.
