503 Mesquite DrRio VistaTX76093
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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 Rio Vista at 503 Mesquite Dr, Rio Vista, TX, 76093 priced at $230,000 converts $2,052/mo rent into $337/mo cash flow after a $1,126/mo obligation. Total monthly income equals $2,052/mo, and annual cash flow totals $4,042/yr on $76,245 invested. Return on cash invested prints 25.21% in year one, and rental yield reads 10.71% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 132.94% and total cumulative return in cash sums $101,359. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,052/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 2005
9,844 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76093, Rio Vista, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,045 (100%) |
| Owner Occupied HU | 792 (75.8%) |
| Renter Occupied HU | 171 (16.4%) |
| Vacant Housing Units | 82 ( 7.8%) |
| Median Home Value | $224,545 |
| Average Home Value | $273,008 |
Housing Distribution
Address Breakdown
Residential
943
Single Family
943
Multi-Family
0
Businesses
79
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Listed by: Floyd Stanmore • Lanee Scott Realtors, LLC
Mls Name: NTREIS
Mls ID: #20980288
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.