2305 Lake View 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
Rental property for sale in Mission at 2305 Lake View Dr, Mission, TX, 78572 priced at $220,000 pairs $1,801/mo rent with $236/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,801/mo, and annual cash flow comes to $2,836/yr on $72,930 invested. Return on cash invested is 23.8% in year one, and rental yield stands at 9.82% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 124.95% and total cumulative return in cash reaches $91,127. For financing, Ziffy Mortgage’s DSCR program evaluates $1,801/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
8,524 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.