215 N 6th StDonnaTX78537
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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 Donna at 215 N 6th St, Donna, TX, 78537 priced at $350,000 converts $1,238/mo rent into after a $1,713/mo obligation. Total monthly income equals $1,238/mo. Return on cash invested prints 6.72% in year one, and rental yield reads 4.24% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 33.47% and total cumulative return in cash sums $38,834. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,238/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Multi Family
Built in 2005
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78537, Donna, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,454 (100%) |
| Owner Occupied HU | 11,661 (63.2%) |
| Renter Occupied HU | 3,896 (21.1%) |
| Vacant Housing Units | 2,897 (15.7%) |
| Median Home Value | $88,249 |
| Average Home Value | $132,106 |
Housing Distribution
Address Breakdown
Residential
15,721
Single Family
14,656
Multi-Family
1,065
Businesses
756
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