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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 Del Rio at 3451 Vega Verde Rd, Del Rio, TX, 78840 priced at $425,000 converts $1,705/mo rent into after a $2,080/mo obligation. Total monthly income equals $1,705/mo. Return on cash invested prints 8.69% in year one, and rental yield reads 4.81% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 43.89% and total cumulative return in cash sums $61,829. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,705/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1970
24.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78840, Del Rio, TX area.
| 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 |
Residential
18,108
Single Family
17,130
Multi-Family
978
Businesses
1,131
Date | Event | Price |
|---|---|---|
| 2024-11-19 | Listed for sale | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $10,020 | N/A |
| 2023-02-12 | $150.93 | -12.06% | $10,020 | N/A |
| 2022-02-12 | $171.63 | -84.92% | $10,020 | -85.21% |
No similar rental properties found nearby.
No similar price properties found nearby.
Listed by: Toby Coggins • Hunter Real Estate
Mls Name: Del Rio BOR
Mls ID: #206382
Disclaimer: Based on information from the Multiple Listing Service of the Del Rio Board of REALTORS as of 2025-02-12 13:12:24 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Del Rio Board of REALTORS provides the MLS and all content therein AS IS and without any warranty, express or implied.
