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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 341 W Malone, Devine, TX, 78016 priced at $449,000 pairs $2,832/mo rent with after a $2,198/mo payment. Total monthly income equals $2,832/mo. Return on cash invested is 15.49% in year one, and rental yield stands at 7.57% on a $449,000 basis. Equity gained on principal adds $2,897/yr, and 5% annual appreciation accumulates to $124,050 by year five. Five-year ROI measures 80.94% and total cumulative return in cash reaches $120,472. For financing, Ziffy Mortgage’s DSCR program evaluates $2,832/mo property income against a $2,198/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
0.58 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 |
|---|---|---|
| 2024-12-04 | Price change | $449,000 |
| 2024-09-17 | Price change | $464,000 |
| 2024-09-04 | Listed for sale | $474,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $9690.91 | 4.66% | $441,340 | 3.67% |
| 2023-12-27 | $9259.41 | 10.54% | $425,710 | 15.89% |
| 2022-12-27 | $8376.24 | 55.39% | $367,330 | 64.13% |
Listed by: Raquel Casanova • Stefanie Wilson, Broker
Mls Name: SABOR
Mls Provider:
Mls ID: #1806172
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.
