21504 Paredes Line RdRio HondoTX78583
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Nearby investment properties with comparable prices
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 Rio Hondo at 21504 Paredes Line Rd, Rio Hondo, TX, 78583 listed at $525,000 pairs $3,168/mo rent with a $2,570/mo payment. Total monthly income runs $3,168/mo. Return on cash invested measures 16.13% in year one, and rental yield registers 7.24% at a $525,000 basis. Equity gained on principal adds $3,388/yr, and annual property appreciation at 5% supports $145,048 by year five. Five-year ROI tracks 83.78% and total cumulative return in cash totals $144,705. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,168/mo property income relative to a $2,570/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
11.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78583, Rio Hondo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,837 (100%) |
| Owner Occupied HU | 1,538 (54.2%) |
| Renter Occupied HU | 433 (15.3%) |
| Vacant Housing Units | 866 (30.5%) |
| Median Home Value | $180,512 |
| Average Home Value | $237,051 |
Housing Distribution
Address Breakdown
Residential
1,928
Single Family
1,878
Multi-Family
50
Businesses
104
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Listed by: Cassandra Champion, RSPS • GRT Realty
Mls Name: SPIBOR
Mls ID: #102912
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