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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% |
Investment property for sale in Devine at 306 HOWARD DR, Devine, TX, 78016 at $366,000 posts ROI 31.1% with $1,132/mo cash flow from $3,734/mo rent. Total monthly income equals $3,734/mo, and annual cash flow records $13,580/yr on $121,329 to close. Return on cash invested measures 31.1% and rental yield reads 12.24% at the current $366,000. Equity gained on principal adds $2,362/yr, and 5% annual appreciation supports $101,119 by year five. Five-year ROI prints 164.08% and total cumulative return in cash totals $199,077.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,734/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2009
10,846 sqft 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 |
|---|---|---|
| 2024-08-12 | Price change | $366,000 |
| 2024-07-30 | Listed for sale | $367,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $4600.45 | -5.50% | $256,084 | 10.00% |
| 2022-08-13 | $4868.31 | 1.11% | $232,804 | 10.00% |
| 2021-08-13 | $4814.95 | 4.50% | $211,640 | 10.00% |
Listed by: Kristy Parker • TX SOLD, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1797254
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.
