32769 Fm 2925Rio HondoTX78583
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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
Total monthly income runs $1,320/mo, and a $1,849/mo payment. Purchase price stands at $377,777, and rental yield measures 4.19% with $1,320/mo rent. Return on cash invested shows 6.82% in year one, and 5% annual appreciation builds toward $104,373 over five years. Five-year ROI reaches 33.85% and total cumulative return in cash records $42,395. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,320/mo property income covering a $1,849/mo payment rather than investor’s personal income.
Manufactured
Built in 2024
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78583, Rio Hondo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,837 (100%) |
| Owner Occupied HU | 1,538 (54.2%) |
| Renter Occupied HU | 433 (15.3%) |
| Vacant Housing Units | 866 (30.5%) |
| Median Home Value | $180,512 |
| Average Home Value | $237,051 |
Housing Distribution
Address Breakdown
Residential
1,928
Single Family
1,878
Multi-Family
50
Businesses
104
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