








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Devine at 506 Jack Nicklaus, Devine, TX, 78016 priced at $369,000 pairs $3,484/mo rent with $860/mo cash flow after a $1,806/mo payment. Total monthly income equals $3,484/mo, and annual cash flow comes to $10,321/yr on $122,324 invested. Return on cash invested is 28.35% in year one, and rental yield stands at 11.33% on a $369,000 basis. Equity gained on principal adds $2,381/yr, and 5% annual appreciation accumulates to $101,948 by year five. Five-year ROI measures 149.33% and total cumulative return in cash reaches $182,667. For financing, Ziffy Mortgage’s DSCR program evaluates $3,484/mo property income against a $1,806/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78016, Devine, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,139 (100%) |
| Owner Occupied HU | 2,895 (69.9%) |
| Renter Occupied HU | 836 (20.2%) |
| Vacant Housing Units | 408 ( 9.9%) |
| Median Home Value | $234,520 |
| Average Home Value | $289,339 |
Residential
3,988
Single Family
3,988
Multi-Family
0
Businesses
332
Date | Event | Price |
|---|---|---|
| 2024-06-27 | Price change | $369,000 |
| 2024-03-18 | Price change | $371,900 |
| 2024-03-08 | Listed for sale | $379,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $5274.75 | -4.29% | $287,085 | 10.00% |
| 2022-08-13 | $5510.95 | 1.45% | $260,986 | 10.00% |
| 2021-08-13 | $5432.03 | -3.58% | $237,260 | 2.02% |



Listed by: Cassie Saunders • Signature Realty, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1708027
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.