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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Devine at 302 Ross, Devine, TX, 78016 priced at $190,000 pairs $1,652/mo rent with $271/mo cash flow after a $930/mo payment. Total monthly income equals $1,652/mo, and annual cash flow comes to $3,253/yr on $62,985 invested. Return on cash invested is 25.07% in year one, and rental yield stands at 10.43% on a $190,000 basis. Equity gained on principal adds $1,226/yr, and 5% annual appreciation accumulates to $52,494 by year five. Five-year ROI measures 132.05% and total cumulative return in cash reaches $83,172. For financing, Ziffy Mortgage’s DSCR program evaluates $1,652/mo property income against a $930/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78016, Devine, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,139 (100%) |
| Owner Occupied HU | 2,895 (69.9%) |
| Renter Occupied HU | 836 (20.2%) |
| Vacant Housing Units | 408 ( 9.9%) |
| Median Home Value | $234,520 |
| Average Home Value | $289,339 |
Residential
3,988
Single Family
3,988
Multi-Family
0
Businesses
332
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Listed for sale | $190,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-30 | $3511.06 | 111.14% | $159,900 | 32.12% |
| 2023-05-30 | $1662.92 | -19.61% | $121,028 | 10.00% |
| 2022-05-30 | $2068.56 | -2.73% | $110,025 | 10.00% |
Listed by: Aaron Gonzalez • 1st Choice Realty Group
Mls Name: SABOR
Mls Provider:
Mls ID: #1871410
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
