418 N US Highway 83LeakeyTX78873
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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 Leakey at 418 N US Highway 83, Leakey, TX, 78873 generates $1,751/mo in rent, after a $1,248/mo payment. Total monthly income is $1,751/mo. Return on cash invested sits at 19.03% in year one, and rental yield is 8.24% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 99.31% and total cumulative return in cash sums $83,948. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,751/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78873, Leakey, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 929 (100%) |
| Owner Occupied HU | 529 (56.9%) |
| Renter Occupied HU | 99 (10.7%) |
| Vacant Housing Units | 301 (32.4%) |
| Median Home Value | $349,074 |
| Average Home Value | $408,648 |
Housing Distribution
Address Breakdown
Residential
81
Single Family
81
Multi-Family
0
Businesses
113
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Listed by: Alberto Gonzalez • eXp Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1605497
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.