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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 305 Webb Ave, Devine, TX, 78016 priced at $137,510 converts $1,442/mo rent into $464/mo cash flow after a $673/mo obligation. Total monthly income equals $1,442/mo, and annual cash flow totals $5,570/yr on $45,585 invested. Return on cash invested prints 32.13% in year one, and rental yield reads 12.58% against a $137,510 entry. Equity gained on principal adds $887/yr, while 5% annual appreciation compiles into $37,991 by year five. Five-year ROI reaches 169.68% and total cumulative return in cash sums $77,349. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,442/mo property income covering a $673/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.47 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 |
|---|---|---|
| 2025-06-23 | Listing removed | $150,000 |
| 2025-02-14 | Price change | $150,000 |
| 2025-01-03 | Price change | $155,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $1028.56 | 8.15% | $102,785 | 10.00% |
| 2023-06-26 | $951.08 | 2.15% | $93,441 | 10.00% |
| 2022-06-26 | $931.02 | 1.90% | $84,946 | 10.00% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
