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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% |
Rental property for sale in Devine at 710 W Hondo, Devine, TX, 78016 priced at $250,000 converts $1,987/mo rent into $209/mo cash flow after a $1,224/mo obligation. Total monthly income equals $1,987/mo, and annual cash flow totals $2,506/yr on $82,875 invested. Return on cash invested prints 22.93% in year one, and rental yield reads 9.54% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 120.28% and total cumulative return in cash sums $99,682. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,987/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Single Family
Built in 1949
0.34 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 |
|---|---|---|
| 2025-04-05 | Listed for sale | $250,000 |
| 2020-12-14 | Listing removed | $178,000 |
| 2020-12-04 | Pending sale | $178,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-06 | $2867.14 | 29.72% | $235,167 | 10.00% |
| 2023-04-06 | $2210.27 | -40.38% | $213,788 | 10.00% |
| 2022-04-06 | $3707.46 | 2.24% | $194,353 | 12.06% |
Listed by: Rebecca Decker • 01 LAND COMPANY LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1856035
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.
