369 Lenawee AveDel RioTX78840
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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
Rental property for sale in Del Rio at 369 Lenawee Ave, Del Rio, TX, 78840 priced at $394,770 pairs $3,157/mo rent with $350/mo cash flow after a $1,932/mo payment. Total monthly income equals $3,157/mo, and annual cash flow comes to $4,199/yr on $130,866 invested. Return on cash invested is 23.12% in year one, and rental yield stands at 9.6% on a $394,770 basis. Equity gained on principal adds $2,547/yr, and 5% annual appreciation accumulates to $109,068 by year five. Five-year ROI measures 121.25% and total cumulative return in cash reaches $158,670. For financing, Ziffy Mortgage’s DSCR program evaluates $3,157/mo property income against a $1,932/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78840, Del Rio, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,108
Single Family
17,130
Multi-Family
978
Businesses
1,131
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