508 Ramirez LnMissionTX78573
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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 Mission at 508 Ramirez Ln, Mission, TX, 78573 generates $3,122/mo in rent and, after a $1,546/mo payment, leaves $732/mo in cash flow. Total monthly income is $3,122/mo, and annual cash flow is $8,787/yr on $104,721 invested. Return on cash invested sits at 28.3% in year one, and rental yield is 11.86% on a $315,900 entry. Equity gained on principal adds $2,038/yr, while 5% annual appreciation builds toward $87,277 over five years. Five-year ROI reaches 149.67% and total cumulative return in cash sums $156,732. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,122/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
9,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78573, Mission, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,379 (100%) |
| Owner Occupied HU | 9,397 (65.4%) |
| Renter Occupied HU | 3,749 (26.1%) |
| Vacant Housing Units | 1,233 ( 8.6%) |
| Median Home Value | $191,448 |
| Average Home Value | $242,363 |
Housing Distribution
Address Breakdown
Residential
13,981
Single Family
13,419
Multi-Family
562
Businesses
797
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