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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 708 Tuttle Dr, Devine, TX, 78016 uses $76,245 cash to close to unlock $5,330/yr annual cash flow and $444/mo monthly cash flow. Total monthly income runs $2,080/mo, and a $1,126/mo payment keeps the spread at $444/mo. Purchase price stands at $230,000, and rental yield measures 10.85% with $2,080/mo rent. Return on cash invested shows 26.9% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 141.59% and total cumulative return in cash records $107,959. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,080/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.81 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 |
|---|---|---|
| 2024-10-21 | Price change | $230,000 |
| 2024-09-07 | Listed for sale | $245,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-11 | $3266.70 | 4.65% | $148,770 | 3.67% |
| 2023-02-11 | $3121.41 | 6.55% | $143,510 | 11.71% |
| 2022-02-11 | $2929.52 | 30.72% | $128,470 | 38.07% |
Listed by: Kristy Parker • TX SOLD, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1807060
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.
