415 Madero AveRio 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
Rental property for sale in Rio Hondo at 415 Madero Ave, Rio Hondo, TX, 78583 offers $1,320/mo rent that, after a $783/mo payment, leaves $182/mo cash flow. Total monthly income is $1,320/mo, and annual cash flow is $2,188/yr on $53,040 cash. Return on cash invested measures 24.03% in year one, and rental yield stands at 9.9% at a $160,000 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,205 by year five. Five-year ROI records 126.25% and total cumulative return in cash reaches $66,962. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,320/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
7,840 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: Mindy Rivera • RIO HONDO REALTY
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29762953
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.