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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 608 Mockingbird Ln, Devine, TX, 78016 at $180,000 posts ROI 41.27% with $1,062/mo cash flow from $2,436/mo rent. Total monthly income equals $2,436/mo, and annual cash flow records $12,745/yr on $59,670 to close. Return on cash invested measures 41.27% and rental yield reads 16.24% at the current $180,000. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 by year five. Five-year ROI prints 219.35% and total cumulative return in cash totals $130,889.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,436/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
0.38 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 |
|---|---|---|
| 2024-08-08 | Listed for rent | $1,350 |
| 2024-08-08 | Price change | $180,000 |
| 2024-06-26 | Price change | $185,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $4114.98 | 4.51% | $189,190 | 9.57% |
| 2022-08-13 | $3937.40 | 31.19% | $172,670 | 38.57% |
| 2021-08-13 | $3001.28 | 9.49% | $124,610 | 16.18% |
Listed by: Aaron Gonzalez • 1st Choice Realty Group
Mls Name: SABOR
Mls Provider:
Mls ID: #1781950
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.
