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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 771 COUNTY ROAD 660, Devine, TX, 78016 offers a 11.26% rental yield on a $270,000 purchase with $2,533/mo rent. Total monthly income registers $2,533/mo, and a $1,322/mo payment leaves $613/mo available for distribution. Annual cash flow reaches $7,350/yr on $89,505 to close, and return on cash invested stands at 28.12% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 148.11% and total cumulative return in cash at $132,565. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,533/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
20 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 |
|---|---|---|
| 2024-07-13 | Listed for sale | $270,000 |
| 2024-03-01 | Listing removed | N/A |
| 2024-02-09 | Pending sale | $67,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $219.00 | -5.51% | $33,930 | 0.57% |
| 2022-08-13 | $231.78 | -21.09% | $33,737 | 10.00% |
| 2021-08-13 | $293.73 | N/A | $30,670 | 5.00% |
Listed by: David Beere • Texas Premier Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1792722
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.
