300 Ceniza Ridge DrDel RioTX78840
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 Del Rio at 300 Ceniza Ridge Dr, Del Rio, TX, 78840 priced at $387,500 pairs $4,246/mo rent with $1,490/mo cash flow after a $1,897/mo payment. Total monthly income equals $4,246/mo, and annual cash flow comes to $17,880/yr on $128,456 invested. Return on cash invested is 33.83% in year one, and rental yield stands at 13.15% on a $387,500 basis. Equity gained on principal adds $2,500/yr, and 5% annual appreciation accumulates to $107,059 by year five. Five-year ROI measures 178.73% and total cumulative return in cash reaches $229,587. For financing, Ziffy Mortgage’s DSCR program evaluates $4,246/mo property income against a $1,897/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78840, Del Rio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,647 (100%) |
| Owner Occupied HU | 10,623 (57.0%) |
| Renter Occupied HU | 5,537 (29.7%) |
| Vacant Housing Units | 2,487 (13.3%) |
| Median Home Value | $181,029 |
| Average Home Value | $222,331 |
Housing Distribution
Address Breakdown
Residential
18,108
Single Family
17,130
Multi-Family
978
Businesses
1,131
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard Heshmaty • eXp Realty, LLC-Legacy Realty Group
Mls Name: Del Rio BOR
Mls ID: #205870
Disclaimer: Based on information from the Multiple Listing Service of the Del Rio Board of REALTORS as of 2024-01-25 09:05:47 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Del Rio Board of REALTORS provides the MLS and all content therein AS IS and without any warranty, express or implied.