216 Chapman RdDel RioTX78840
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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 Del Rio at 216 Chapman Rd, Del Rio, TX, 78840 priced at $649,900 converts $2,898/mo rent into after a $3,181/mo obligation. Total monthly income equals $2,898/mo. Return on cash invested prints 10.39% in year one, and rental yield reads 5.35% against a $649,900 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,555 by year five. Five-year ROI reaches 52.97% and total cumulative return in cash sums $113,262. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,898/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 1990
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78840, Del Rio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,647 (100%) |
| Owner Occupied HU | 10,623 (57.0%) |
| Renter Occupied HU | 5,537 (29.7%) |
| Vacant Housing Units | 2,487 (13.3%) |
| Median Home Value | $181,029 |
| Average Home Value | $222,331 |
Housing Distribution
Address Breakdown
Residential
18,108
Single Family
17,130
Multi-Family
978
Businesses
1,131
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Listed by: Josseline Tellez • Keller Williams Realty Del Rio
Mls Name: Del Rio BOR
Mls ID: #206670
Disclaimer: Based on information from the Multiple Listing Service of the Del Rio Board of REALTORS as of 2025-02-12 13:12:24 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Del Rio Board of REALTORS provides the MLS and all content therein AS IS and without any warranty, express or implied.