508 Avenue BDel 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 508 Avenue B, Del Rio, TX, 78840 generates $1,005/mo in rent and, after a $626/mo payment, leaves $96/mo in cash flow. Total monthly income is $1,005/mo, and annual cash flow is $1,146/yr on $42,392 invested. Return on cash invested sits at 22.61% in year one, and rental yield is 9.43% on a $127,880 entry. Equity gained on principal adds $825/yr, while 5% annual appreciation builds toward $35,331 over five years. Five-year ROI reaches 118.6% and total cumulative return in cash sums $50,277. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,005/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
6,000 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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