2815 Mimosa St APT 6MissionTX78574
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow2815 Mimosa St APT 6, Mission, TX, 78574 in Mission carries a 2.13 coverage ratio, rent of $1,477/mo is 2.13 times the $692/mo payment. Rental yield 11.51%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $154,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $42,547; total projected cumulative return: $59,042.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 6.2% |
| Monthly Cash Flow | $(28) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,477 |
| Total Monthly Debt Service | $1,444 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Apartment
Built in 2008
1,698 sqft lot
$N/A/sqft
$800 quarterly HOA
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Nearby investment properties with comparable prices
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
Apartment
Built in 2008
1,698 sqft lot
$N/A/sqft
$800 quarterly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices