1915 Lake Point DrMissionTX78572
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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
Investment property for sale in Mission at 1915 Lake Point Dr, Mission, TX, 78572 listed at $176,500 pairs $1,327/mo rent with a $864/mo payment to leave $72/mo cash flow. Total monthly income runs $1,327/mo, and annual cash flow reaches $861/yr on $58,510 cash to close. Return on cash invested measures 21.38% in year one, and rental yield registers 9.02% at a $176,500 basis. Equity gained on principal adds $1,139/yr, and annual property appreciation at 5% supports $48,764 by year five. Five-year ROI tracks 111.96% and total cumulative return in cash totals $65,506. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,327/mo property income relative to a $864/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1991
4,673 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78572, Mission, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,595 (100%) |
| Owner Occupied HU | 19,579 (55.0%) |
| Renter Occupied HU | 7,871 (22.1%) |
| Vacant Housing Units | 8,145 (22.9%) |
| Median Home Value | $167,541 |
| Average Home Value | $212,677 |
Housing Distribution
Address Breakdown
Residential
33,840
Single Family
25,268
Multi-Family
8,572
Businesses
2,459
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