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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% |
Investment property for sale in Devine at 316 W COLONIAL PKWY, Devine, TX, 78016 at $129,999 posts ROI 21.55% with $59/mo cash flow from $983/mo rent. Total monthly income equals $983/mo, and annual cash flow records $706/yr on $43,095 to close. Return on cash invested measures 21.55% and rental yield reads 9.07% at the current $129,999. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,916 by year five. Five-year ROI prints 112.84% and total cumulative return in cash totals $48,626.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $983/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1921
0.27 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Daniel Cuevas • Real Broker, LLC
Mls Name: LERA MLS
Mls ID: #1927534
