429 Pitaya LnDel 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 429 Pitaya Ln, Del Rio, TX, 78840 priced at $389,000 pairs $2,990/mo rent with $224/mo cash flow after a $1,904/mo payment. Total monthly income equals $2,990/mo, and annual cash flow comes to $2,685/yr on $128,954 invested. Return on cash invested is 21.99% in year one, and rental yield stands at 9.22% on a $389,000 basis. Equity gained on principal adds $2,510/yr, and 5% annual appreciation accumulates to $107,474 by year five. Five-year ROI measures 115.22% and total cumulative return in cash reaches $148,578. For financing, Ziffy Mortgage’s DSCR program evaluates $2,990/mo property income against a $1,904/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
10,018 sqft 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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