500 Avenue QDel 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 500 Avenue Q, Del Rio, TX, 78840 offers $1,223/mo rent that, after a $764/mo payment. Total monthly income is $1,223/mo. Return on cash invested measures 19.01% in year one, and rental yield stands at 9.41% at a $156,000 entry. Equity gained on principal adds $1,007/yr while 5% annual appreciation compounds into $43,100 by year five. Five-year ROI records 100.58% and total cumulative return in cash reaches $52,014. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,223/mo property income versus a $764/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
8,400 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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