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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% |
Rental property for sale in Devine at 2566 County Road 2615, Devine, TX, 78016 generates $1,508/mo in rent and, after a $978/mo payment, leaves $87/mo in cash flow. Total monthly income is $1,508/mo, and annual cash flow is $1,043/yr on $66,267 invested. Return on cash invested sits at 21.48% in year one, and rental yield is 9.05% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 112.47% and total cumulative return in cash sums $74,533. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,508/mo property income rather than buyer’s personal income.
Manufactured
Built in 2022
3 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Cynthia Morales • Morales Realty, LLC
Mls Name: SABOR
Mls ID: #1880936
