311 & 313 W Nicholson StDel 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 311 & 313 W Nicholson St, Del Rio, TX, 78840 offers a 10.14% rental yield on a $299,000 purchase with $2,527/mo rent. Total monthly income registers $2,527/mo, and a $1,463/mo payment leaves $401/mo available for distribution. Annual cash flow reaches $4,815/yr on $99,119 to close, and return on cash invested stands at 24.77% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 130.13% and total cumulative return in cash at $128,986. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,527/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.40 Acres 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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Listed by: Claudio Arizpe • Keller Williams Realty Del Rio
Mls Name: Del Rio BOR
Mls ID: #206563
Disclaimer: Based on information from the Multiple Listing Service of the Del Rio Board of REALTORS as of 2025-02-12 13:12:24 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Del Rio Board of REALTORS provides the MLS and all content therein AS IS and without any warranty, express or implied.