35435 Marshall Hutts Rd #A8Rio 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
Investment property for sale in Rio Hondo at 35435 Marshall Hutts Rd #A8, Rio Hondo, TX, 78583 offers a 7.1% rental yield on a $199,000 purchase with $1,178/mo rent. 6% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 80.92% and total cumulative return in cash at $53,382. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,178/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
3,049 sqft 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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