512 Quail Creek DrDel 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
Investment property for sale in Del Rio at 512 Quail Creek Dr, Del Rio, TX, 78840 uses $99,417 cash to close to unlock $5,679/yr annual cash flow and $473/mo monthly cash flow. Total monthly income runs $2,606/mo, and a $1,468/mo payment keeps the spread at $473/mo. Purchase price stands at $299,900, and rental yield measures 10.43% with $2,606/mo rent. Return on cash invested shows 25.62% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 134.71% and total cumulative return in cash records $133,924. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,606/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 2009
N/A 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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Listed by: Rita Rosales • The Property Shop
Mls Name: Del Rio BOR
Mls ID: #206316
Disclaimer: Based on information from the Multiple Listing Service of the Del Rio Board of REALTORS as of 2024-01-25 09:05:47 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Del Rio Board of REALTORS provides the MLS and all content therein AS IS and without any warranty, express or implied.