500 W San Diego StDetroitTX75436
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Detroit at 500 W San Diego St, Detroit, TX, 75436 priced at $365,000 pairs $1,872/mo rent with after a $1,786/mo payment. Total monthly income equals $1,872/mo. Return on cash invested is 12.74% in year one, and rental yield stands at 6.15% on a $365,000 basis. Equity gained on principal adds $2,355/yr, and 5% annual appreciation accumulates to $100,843 by year five. Five-year ROI measures 65.59% and total cumulative return in cash reaches $79,363. For financing, Ziffy Mortgage’s DSCR program evaluates $1,872/mo property income against a $1,786/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
11.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75436, Detroit, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 924 (100%) |
| Owner Occupied HU | 630 (68.2%) |
| Renter Occupied HU | 188 (20.3%) |
| Vacant Housing Units | 106 (11.5%) |
| Median Home Value | $187,209 |
| Average Home Value | $224,754 |
Housing Distribution
Address Breakdown
Residential
890
Single Family
890
Multi-Family
0
Businesses
41
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jack Rosenthal • Keller Williams Legacy
Mls Name: NTREIS
Mls ID: #20944790
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.