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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 709 Fay, Devine, TX, 78016 at $129,900 posts ROI 65.56% with $1,638/mo cash flow from $2,641/mo rent. Total monthly income equals $2,641/mo, and annual cash flow records $19,658/yr on $43,062 to close. Return on cash invested measures 65.56% and rental yield reads 24.4% at the current $129,900. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 by year five. Five-year ROI prints 349.75% and total cumulative return in cash totals $150,607.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,641/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
0.55 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 |
|---|---|---|
| 2024-06-17 | Price change | $129,900 |
| 2024-05-07 | Price change | $134,900 |
| 2024-04-14 | Price change | $139,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $3103.60 | 3.94% | $142,690 | 8.97% |
| 2022-08-13 | $2985.84 | 35.20% | $130,940 | 42.81% |
| 2021-08-13 | $2208.39 | 3.78% | $91,690 | 10.11% |
Listed by: Juan Camacho • Morales Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1653288
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.
