616 W Diamond Head AveMissionTX78573
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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 Mission at 616 W Diamond Head Ave, Mission, TX, 78573 with 5% annual appreciation on a $170,000 basis while $1,476/mo rent supports operations. Total monthly income totals $1,476/mo and a $832/mo payment preserves $267/mo for cash returns. Annual cash flow comes to $3,206/yr on $56,355 deployed, and return on cash invested reaches 25.6% in year one. Equity gained on principal adds $1,097/yr, and five-year appreciation sums $46,968 alongside rental yield of 10.42%. Five-year ROI measures 134.63% and total cumulative return in cash totals $75,873.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,476/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78573, Mission, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,379 (100%) |
| Owner Occupied HU | 9,397 (65.4%) |
| Renter Occupied HU | 3,749 (26.1%) |
| Vacant Housing Units | 1,233 ( 8.6%) |
| Median Home Value | $191,448 |
| Average Home Value | $242,363 |
Housing Distribution
Address Breakdown
Residential
13,981
Single Family
13,419
Multi-Family
562
Businesses
797
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