30 S Mesquite DrVictoriaTX77905
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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
Rental property for sale in Victoria at 30 S Mesquite Dr, Victoria, TX, 77905 generates $2,165/mo in rent and, after a $1,120/mo payment, leaves $538/mo in cash flow. Total monthly income is $2,165/mo, and annual cash flow is $6,454/yr on $75,847 invested. Return on cash invested sits at 28.42% in year one, and rental yield is 11.35% on a $228,800 entry. Equity gained on principal adds $1,476/yr, while 5% annual appreciation builds toward $63,213 over five years. Five-year ROI reaches 149.67% and total cumulative return in cash sums $113,522. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,165/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77905, Victoria, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,272 (100%) |
| Owner Occupied HU | 5,510 (75.8%) |
| Renter Occupied HU | 1,038 (14.3%) |
| Vacant Housing Units | 724 ( 10.0%) |
| Median Home Value | $265,061 |
| Average Home Value | $283,069 |
Housing Distribution
Address Breakdown
Residential
6,244
Single Family
6,244
Multi-Family
0
Businesses
343
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Listed by: Mark Medina • eXp Realty LLC
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #427611
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.