307-A & B Ave #IDel RioTX78840
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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
Investment property for sale in Del Rio at 307-A & B Ave #I, Del Rio, TX, 78840 with 5% annual appreciation on a $349,325 basis while $1,410/mo rent supports operations. 78% in year one. Equity gained on principal adds $2,254/yr, and five-year appreciation sums $96,512 alongside rental yield of 4.84%. Five-year ROI measures 44.35% and total cumulative return in cash totals $51,354. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,410/mo property income versus a $1,710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1998
8,276 sqft 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
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