707 N Main StDel RioTX78840
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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
Rental property for sale in Del Rio at 707 N Main St, Del Rio, TX, 78840 priced at $135,000 converts $1,083/mo rent into $123/mo cash flow after a $661/mo obligation. Total monthly income equals $1,083/mo, and annual cash flow totals $1,473/yr on $44,753 invested. Return on cash invested prints 23.2% in year one, and rental yield reads 9.63% against a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation compiles into $37,298 by year five. Five-year ROI reaches 121.74% and total cumulative return in cash sums $54,481. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,083/mo property income covering a $661/mo payment, not borrower’s personal income.
Single Family
Built in 1966
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78840, Del Rio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,647 (100%) |
| Owner Occupied HU | 10,623 (57.0%) |
| Renter Occupied HU | 5,537 (29.7%) |
| Vacant Housing Units | 2,487 (13.3%) |
| Median Home Value | $181,029 |
| Average Home Value | $222,331 |
Housing Distribution
Address Breakdown
Residential
18,108
Single Family
17,130
Multi-Family
978
Businesses
1,131
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Listed by: Blanca Ozuna • eXp Realty, LLC - B. Ozuna Realty Group
Mls Name: Del Rio BOR
Mls ID: #206457
Disclaimer: Based on information from the Multiple Listing Service of the Del Rio Board of REALTORS as of 2025-02-12 13:12:24 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.