75 County Road 116DeversTX77538
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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 Devers at 75 County Road 116, Devers, TX, 77538 generates $2,038/mo in rent and, after a $744/mo payment, leaves $957/mo in cash flow. Total monthly income is $2,038/mo, and annual cash flow is $11,485/yr on $50,388 invested. Return on cash invested sits at 42.7% in year one, and rental yield is 16.09% on a $152,000 entry. Equity gained on principal adds $981/yr, while 5% annual appreciation builds toward $41,995 over five years. Five-year ROI reaches 226.38% and total cumulative return in cash sums $114,070. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,038/mo property income rather than buyer’s personal income.
Manufactured
Built in 2015
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77538, Devers, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 397 (100%) |
| Owner Occupied HU | 325 (81.9%) |
| Renter Occupied HU | 29 ( 7.3%) |
| Vacant Housing Units | 43 (10.8%) |
| Median Home Value | $223,485 |
| Average Home Value | $263,785 |
Housing Distribution
Address Breakdown
Residential
162
Single Family
162
Multi-Family
0
Businesses
23
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