3103 E Rio Grande St.VictoriaTX77901
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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
Rental property for sale in Victoria at 3103 E Rio Grande St, Victoria, TX, 77901 priced at $149,000 pairs $2,608/mo rent with $1,549/mo cash flow after a $729/mo payment. Total monthly income equals $2,608/mo, and annual cash flow comes to $18,585/yr on $49,394 invested. Return on cash invested is 57.53% in year one, and rental yield stands at 21% on a $149,000 basis. Equity gained on principal adds $961/yr, and 5% annual appreciation accumulates to $41,166 by year five. Five-year ROI measures 305.85% and total cumulative return in cash reaches $151,072. For financing, Ziffy Mortgage’s DSCR program evaluates $2,608/mo property income against a $729/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77901, Victoria, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,954 (100%) |
| Owner Occupied HU | 8,410 (46.8%) |
| Renter Occupied HU | 7,184 (40.0%) |
| Vacant Housing Units | 2,360 (13.1%) |
| Median Home Value | $160,476 |
| Average Home Value | $201,718 |
Housing Distribution
Address Breakdown
Residential
16,377
Single Family
13,680
Multi-Family
2,697
Businesses
1,941
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Listed by: Scott Spencer • Century 21 Scott Myers, REALTORS
Mls Name: SABOR
Mls Provider:
Mls ID: #1804683
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.