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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 412 W Coker, Devine, TX, 78016 priced at $185,000 converts $1,200/mo rent into after a $905/mo obligation. Total monthly income equals $1,200/mo. Return on cash invested prints 17.66% in year one, and rental yield reads 7.78% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 91.95% and total cumulative return in cash sums $56,391. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,200/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1989
0.31 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 |
|---|---|---|
| 2025-08-01 | Listed for sale | $185,000 |
| 2025-02-28 | Listing removed | $179,000 |
| 2025-02-24 | Pending sale | $179,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-01 | $2602.46 | 4.38% | $118,520 | 3.39% |
| 2023-08-01 | $2493.26 | -8.66% | $114,630 | -4.24% |
| 2022-08-01 | $2729.74 | 37.71% | $119,710 | 45.46% |
Listed by: Gary Bisha • My Castle Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1889184
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.
