28177 GlenviewRio HondoTX78583
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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
Investment property for sale in Rio Hondo at 28177 Glenview, Rio Hondo, TX, 78583 uses $92,455 cash to close to unlock $3,321/yr annual cash flow and $277/mo monthly cash flow. Total monthly income runs $2,260/mo, and a $1,365/mo payment keeps the spread at $277/mo. Purchase price stands at $278,900, and rental yield measures 9.72% with $2,260/mo rent. Return on cash invested shows 23.5% in year one, and 5% annual appreciation builds toward $77,055 over five years. Five-year ROI reaches 123.31% and total cumulative return in cash records $114,011. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,260/mo property income covering a $1,365/mo payment rather than investor’s personal income.
Single Family
Built in 2013
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78583, Rio Hondo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,837 (100%) |
| Owner Occupied HU | 1,538 (54.2%) |
| Renter Occupied HU | 433 (15.3%) |
| Vacant Housing Units | 866 (30.5%) |
| Median Home Value | $180,512 |
| Average Home Value | $237,051 |
Housing Distribution
Address Breakdown
Residential
1,928
Single Family
1,878
Multi-Family
50
Businesses
104
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Listed by: Damaris Palacios • Legacy Realty Group RGV
Mls Name: SPIBOR
Mls ID: #102908
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