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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Devine at 315 LORAINE DR, Devine, TX, 78016 priced at $234,500 pairs $1,683/mo rent with $15/mo cash flow after a $1,148/mo payment. Total monthly income equals $1,683/mo, and annual cash flow comes to $182/yr on $77,737 invested. Return on cash invested is 20.14% in year one, and rental yield stands at 8.61% on a $234,500 basis. Equity gained on principal adds $1,513/yr, and 5% annual appreciation accumulates to $64,788 by year five. Five-year ROI measures 105.36% and total cumulative return in cash reaches $81,904. For financing, Ziffy Mortgage’s DSCR program evaluates $1,683/mo property income against a $1,148/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1999
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78016, Devine, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,139 (100%) |
| Owner Occupied HU | 2,895 (69.9%) |
| Renter Occupied HU | 836 (20.2%) |
| Vacant Housing Units | 408 ( 9.9%) |
| Median Home Value | $234,520 |
| Average Home Value | $289,339 |
Residential
3,988
Single Family
3,988
Multi-Family
0
Businesses
332
Date | Event | Price |
|---|---|---|
| 2024-08-31 | Listed for sale | $234,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $2250.22 | 18.25% | $145,265 | 10.00% |
| 2023-06-26 | $1902.86 | -17.17% | $132,059 | 10.00% |
| 2022-06-26 | $2297.25 | -2.09% | $120,054 | 10.00% |
Listed by: Sharon Peters • Sharon Peters
Mls Name: SABOR
Mls Provider:
Mls ID: #1805446
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.
