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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 712 DOVE AVE, Devine, TX, 78016 offers $3,161/mo rent that, after a $1,304/mo payment, leaves $1,266/mo cash flow. Total monthly income is $3,161/mo, and annual cash flow is $15,195/yr on $88,345 cash. Return on cash invested measures 37.11% in year one, and rental yield stands at 14.23% at a $266,500 entry. Equity gained on principal adds $1,720/yr while 5% annual appreciation compounds into $73,629 by year five. Five-year ROI records 196.32% and total cumulative return in cash reaches $173,442. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,161/mo property income versus a $1,304/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.37 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 |
|---|---|---|
| 2024-06-12 | Listed for sale | $266,500 |
| 2021-09-27 | Listing removed | N/A |
| 2021-09-07 | Pending sale | $219,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $2469.78 | -42.93% | $208,747 | 10.00% |
| 2022-08-13 | $4327.33 | 63.00% | $189,770 | 39.85% |
| 2021-08-13 | $2654.83 | 48.79% | $135,700 | 8.01% |
Listed by: Amanda Solis • Signature Realty, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1783499
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.
