508 E Thornton StThree RiversTX78071
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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
Investment property for sale in Three Rivers at 508 E Thornton St, Three Rivers, TX, 78071 with 5% annual appreciation on a $165,000 basis while $900/mo rent supports operations. 9% in year one. Equity gained on principal adds $1,065/yr, and five-year appreciation sums $45,586 alongside rental yield of 6.55%. Five-year ROI measures 71.91% and total cumulative return in cash totals $39,335. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $900/mo property income versus a $808/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1975
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78071, Three Rivers, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,721 (100%) |
| Owner Occupied HU | 926 (53.8%) |
| Renter Occupied HU | 311 (18.1%) |
| Vacant Housing Units | 484 (28.1%) |
| Median Home Value | $177,174 |
| Average Home Value | $272,341 |
Housing Distribution
Address Breakdown
Residential
599
Single Family
591
Multi-Family
8
Businesses
168
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Listed by: Richard Dockery • Dockery + Associates
Mls Name: South Texas MLS
Mls ID: #467235