313 Mesa DrDel 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
Rental property for sale in Del Rio at 313 Mesa Dr, Del Rio, TX, 78840 priced at $147,500 converts $1,131/mo rent into $82/mo cash flow after a $722/mo obligation. Total monthly income equals $1,131/mo, and annual cash flow totals $984/yr on $48,896 invested. Return on cash invested prints 21.92% in year one, and rental yield reads 9.2% against a $147,500 entry. Equity gained on principal adds $952/yr, while 5% annual appreciation compiles into $40,752 by year five. Five-year ROI reaches 114.98% and total cumulative return in cash sums $56,221. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,131/mo property income covering a $722/mo payment, not borrower’s personal income.
Single Family
Built in 1899
7,187 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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