63 State Highway 163ComstockTX78837
Nearby investment properties with comparable rents
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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 Comstock at 63 State Highway 163, Comstock, TX, 78837 uses $69,284 cash to close to unlock $6,561/yr annual cash flow and $547/mo monthly cash flow. Total monthly income runs $2,033/mo, and a $1,023/mo payment keeps the spread at $547/mo. Purchase price stands at $209,000, and rental yield measures 11.67% with $2,033/mo rent. Return on cash invested shows 29.38% in year one, and 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 154.84% and total cumulative return in cash records $107,282. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,033/mo property income covering a $1,023/mo payment rather than investor’s personal income.
Single Family
Built in 1961
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78837, Comstock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 229 (100%) |
| Owner Occupied HU | 99 (43.2%) |
| Renter Occupied HU | 19 ( 8.3%) |
| Vacant Housing Units | 111 (48.5%) |
| Median Home Value | $381,250 |
| Average Home Value | $400,429 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
16
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Listed by: Clay Sewalt • eXp Realty, LLC-Legacy Realty Group
Mls Name: Del Rio BOR
Mls ID: #205786
Disclaimer: Based on information from the Multiple Listing Service of the Del Rio Board of REALTORS as of 2024-01-25 09:05:47 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Del Rio Board of REALTORS provides the MLS and all content therein AS IS and without any warranty, express or implied.