2818 Hinnant AveAveTX78369
Nearby investment properties with comparable rents
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
Investment Highlights
Rental property for sale in Ave at 2818 Hinnant Ave, Ave, TX, 78369 priced at $130,000 pairs $1,806/mo rent with $882/mo cash flow after a $636/mo payment. Total monthly income equals $1,806/mo, and annual cash flow comes to $10,582/yr on $43,095 invested. Return on cash invested is 44.46% in year one, and rental yield stands at 16.67% on a $130,000 basis. Equity gained on principal adds $839/yr, and 5% annual appreciation accumulates to $35,917 by year five. Five-year ROI measures 235.72% and total cumulative return in cash reaches $101,583. For financing, Ziffy Mortgage’s DSCR program evaluates $1,806/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78369, Mirando City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 166 (100%) |
| Owner Occupied HU | 98 (59.0%) |
| Renter Occupied HU | 22 (13.3%) |
| Vacant Housing Units | 46 (27.7%) |
| Median Home Value | $68,800 |
| Average Home Value | $83,776 |
Housing Distribution
Address Breakdown
Residential
22
Single Family
22
Multi-Family
0
Businesses
0
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Listed by: Lianey Reyes Venegas • Keller Williams Laredo
Mls Name: LAR
Mls Provider:
Mls ID: #20241384
Disclaimer: 2024 Laredo Multiple Listing Service. Information is deemed to be reliable but not guaranteed. Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.