7222 Mile 2 EMercedesTX78570
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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 Mercedes at 7222 Mile 2 E, Mercedes, TX, 78570 generates $1,016/mo in rent, after a $3,793/mo payment. Total monthly income is $1,016/mo. Return on cash invested sits at -1.09% in year one, and rental yield is 1.57% on a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation builds toward $214,118 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,016/mo property income rather than buyer’s personal income.
Multi Family
Built in 1987
9.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78570, Mercedes, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,532 (100%) |
| Owner Occupied HU | 7,290 (63.2%) |
| Renter Occupied HU | 2,762 (24.0%) |
| Vacant Housing Units | 1,480 (12.8%) |
| Median Home Value | $105,549 |
| Average Home Value | $140,885 |
Housing Distribution
Address Breakdown
Residential
10,075
Single Family
9,093
Multi-Family
982
Businesses
683
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