420 Rio Grande DrMissionTX78572
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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
Investment property for sale in Mission at 420 Rio Grande Dr, Mission, TX, 78572 offers a 10.29% rental yield on a $365,000 purchase with $3,131/mo rent. Total monthly income registers $3,131/mo, and a $1,786/mo payment leaves $447/mo available for distribution. Annual cash flow reaches $5,362/yr on $120,998 to close, and return on cash invested stands at 24.34% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,843 over five years. Portfolio math shows five-year ROI at 128.13% and total cumulative return in cash at $155,035. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,131/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
3,637 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78572, Mission, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,595 (100%) |
| Owner Occupied HU | 19,579 (55.0%) |
| Renter Occupied HU | 7,871 (22.1%) |
| Vacant Housing Units | 8,145 (22.9%) |
| Median Home Value | $167,541 |
| Average Home Value | $212,677 |
Housing Distribution
Address Breakdown
Residential
33,840
Single Family
25,268
Multi-Family
8,572
Businesses
2,459
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