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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 246 County Road 7611, Devine, TX, 78016 listed at $349,900 pairs $3,121/mo rent with a $1,713/mo payment to leave $632/mo cash flow. Total monthly income runs $3,121/mo, and annual cash flow reaches $7,589/yr on $115,992 cash to close. Return on cash invested measures 26.45% in year one, and rental yield registers 10.7% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 139.14% and total cumulative return in cash totals $161,394. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,121/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
2.69 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-06-18 | Listed for sale | $349,900 |
| 2025-03-06 | Listing removed | $349,900 |
| 2025-03-04 | Listed for sale | $349,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $4612.23 | 11.91% | $345,732 | 10.00% |
| 2023-06-26 | $4121.41 | -11.77% | $314,302 | 10.00% |
| 2022-06-26 | $4671.38 | 1.60% | $285,729 | 10.00% |
Listed by: Bradley Boyd • Brush Country Real Estate
Mls Name: SABOR
Mls Provider:
Mls ID: #1846735
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.
