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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 224 forest creek, Devine, TX, 78016 listed at $159,900 pairs $1,200/mo rent with a $783/mo payment to leave $53/mo cash flow. Total monthly income runs $1,200/mo, and annual cash flow reaches $631/yr on $53,007 cash to close. Return on cash invested measures 21.1% in year one, and rental yield registers 9.01% at a $159,900 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,177 by year five. Five-year ROI tracks 110.53% and total cumulative return in cash totals $58,590. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,200/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2022
1.75 Acres lot
$N/A/sqft
$10 monthly 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 |
|---|---|---|
| 2025-09-23 | Listed for sale | $159,900 |
| 2025-09-17 | Listing removed | $174,900 |
| 2025-08-06 | Price change | $174,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-23 | $2226.93 | N/A | $120,310 | -1.79% |
| 2023-09-23 | N/A | N/A | $122,500 | 93.10% |
| 2022-09-23 | $1261.38 | N/A | $63,440 | N/A |
Listed by: Carminia Martinez • Encore Fine Properties
Mls Name: LERA MLS
Mls Provider:
Mls ID: #1909833
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.
