302 E Devers AveGanadoTX77962
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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 Ganado at 302 E Devers Ave, Ganado, TX, 77962 generates $1,104/mo in rent and, after a $705/mo payment, leaves $80/mo in cash flow. Total monthly income is $1,104/mo, and annual cash flow is $958/yr on $47,736 invested. Return on cash invested sits at 21.92% in year one, and rental yield is 9.2% on a $144,000 entry. Equity gained on principal adds $929/yr, while 5% annual appreciation builds toward $39,785 over five years. Five-year ROI reaches 114.84% and total cumulative return in cash sums $54,822. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,104/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77962, Ganado, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,378 (100%) |
| Owner Occupied HU | 924 (67.1%) |
| Renter Occupied HU | 282 (20.5%) |
| Vacant Housing Units | 172 (12.5%) |
| Median Home Value | $253,763 |
| Average Home Value | $307,827 |
Housing Distribution
Address Breakdown
Residential
637
Single Family
637
Multi-Family
0
Businesses
109
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