35589 Marshall Hutts RdRio HondoTX78583
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 35589 Marshall Hutts Rd, Rio Hondo, TX, 78583 earns from $1,753/mo rent with a $1,588/mo payment. Total monthly income totals $1,753/mo. ROI tracks 13.73% on current figures, and rental yield reads 6.48% at a $324,500 purchase. Equity gained on principal adds $2,094/yr, and 5% annual appreciation supports $89,653 over five years. Five-year ROI reaches 70.9% and total cumulative return in cash sums $76,272. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,753/mo property income instead of your personal income.
Manufactured
Built in 2011
9,281 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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Listed by: Maggie Harris • Keller Williams Realty RGV
Mls Name: SPIBOR
Mls ID: #102699
Disclaimer: Information provided by South Padre Island BOR is deemed reliable but not guaranteed. South Padre Island BOR data is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.