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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 609 Hickory Highway, Devine, TX, 78016 listed at $339,000 pairs $2,274/mo rent with a $1,659/mo payment. Total monthly income runs $2,274/mo. Return on cash invested measures 18.45% in year one, and rental yield registers 8.05% at a $339,000 basis. Equity gained on principal adds $2,188/yr, and annual property appreciation at 5% supports $93,659 by year five. Five-year ROI tracks 96.25% and total cumulative return in cash totals $108,160. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,274/mo property income relative to a $1,659/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
0.34 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 |
|---|---|---|
| 2025-03-13 | Price change | $339,000 |
| 2025-01-09 | Listed for sale | $355,000 |
| 2024-09-09 | Listing removed | $355,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $5113.34 | 2.14% | $232,870 | 1.18% |
| 2023-06-26 | $5006.08 | 5.46% | $230,160 | 10.56% |
| 2022-06-26 | $4746.92 | 32.30% | $208,170 | 39.74% |
Listed by: Angelina Tumbarello • Morales Realty, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1778906
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.
