309 N Mockingbird AveMissionTX78572
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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 Mission at 309 N Mockingbird Ave, Mission, TX, 78572 offers a 8.65% rental yield on a $576,400 purchase with $4,156/mo rent. Total monthly income registers $4,156/mo, and a $2,821/mo payment leaves $57/mo available for distribution. Annual cash flow reaches $688/yr on $189,636 to close, and return on cash invested stands at 20.42% in year one. Equity gained on principal adds $3,719/yr while 5% annual appreciation supports $159,249 over five years. Portfolio math shows five-year ROI at 106.79% and total cumulative return in cash at $202,518. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,156/mo property income against a $2,821/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78572, Mission, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,595 (100%) |
| Owner Occupied HU | 19,579 (55.0%) |
| Renter Occupied HU | 7,871 (22.1%) |
| Vacant Housing Units | 8,145 (22.9%) |
| Median Home Value | $167,541 |
| Average Home Value | $212,677 |
Housing Distribution
Address Breakdown
Residential
33,840
Single Family
25,268
Multi-Family
8,572
Businesses
2,459
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