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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Devine at 591 Fm 2200, Devine, TX, 78016 offers a 7.44% rental yield on a $525,000 purchase with $3,256/mo rent. 74% in year one. Equity gained on principal adds $3,388/yr while 5% annual appreciation supports $145,048 over five years. Portfolio math shows five-year ROI at 87.06% and total cumulative return in cash at $150,369. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,256/mo property income against a $2,570/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78016, Devine, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,139 (100%) |
| Owner Occupied HU | 2,895 (69.9%) |
| Renter Occupied HU | 836 (20.2%) |
| Vacant Housing Units | 408 ( 9.9%) |
| Median Home Value | $234,520 |
| Average Home Value | $289,339 |
Residential
3,988
Single Family
3,988
Multi-Family
0
Businesses
332
Date | Event | Price |
|---|---|---|
| 2025-06-28 | Listed for sale | $525,000 |
| 2025-06-01 | Listing removed | $545,000 |
| 2025-05-05 | Price change | $545,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-29 | $2804.08 | -21.99% | $427,489 | 10.00% |
| 2023-06-29 | $3594.62 | -15.30% | $388,626 | 10.00% |
| 2022-06-29 | $4244.18 | 0.49% | $353,296 | 10.00% |
Listed by: Eileen Woolsey • KW Thompson Houston Real Estate
Mls Name: SABOR
Mls Provider:
Mls ID: #1879732
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
