423 Holman DrDel 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 423 Holman Dr, Del Rio, TX, 78840 priced at $137,000 pairs $1,091/mo rent with $116/mo cash flow after a $671/mo payment. Total monthly income equals $1,091/mo, and annual cash flow comes to $1,396/yr on $45,416 invested. Return on cash invested is 22.98% in year one, and rental yield stands at 9.56% on a $137,000 basis. Equity gained on principal adds $884/yr, and 5% annual appreciation accumulates to $37,851 by year five. Five-year ROI measures 120.63% and total cumulative return in cash reaches $54,784. For financing, Ziffy Mortgage’s DSCR program evaluates $1,091/mo property income against a $671/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
0.46 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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Listed by: Carol Morrow • Keller Williams Realty - Midland & Odessa
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #151798
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.