5850 State Highway 61DeversTX77538
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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 Devers at 5850 State Highway 61, Devers, TX, 77538 generates $0/mo in rent, after a $3,779/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.88% in year one, and rental yield is 0% on a $772,000 entry. Equity gained on principal adds $4,982/yr, while 5% annual appreciation builds toward $213,289 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
10.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77538, Devers, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 397 (100%) |
| Owner Occupied HU | 325 (81.9%) |
| Renter Occupied HU | 29 ( 7.3%) |
| Vacant Housing Units | 43 (10.8%) |
| Median Home Value | $223,485 |
| Average Home Value | $263,785 |
Housing Distribution
Address Breakdown
Residential
162
Single Family
162
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices