8 Circle Dr EDel RioTX78840
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Del Rio at 8 Circle Dr E, Del Rio, TX, 78840 offers $1,315/mo rent that, after a $820/mo payment, leaves $124/mo cash flow. Total monthly income is $1,315/mo, and annual cash flow is $1,485/yr on $55,526 cash. Return on cash invested measures 22.58% in year one, and rental yield stands at 9.42% at a $167,500 entry. Equity gained on principal adds $1,081/yr while 5% annual appreciation compounds into $46,277 by year five. Five-year ROI records 118.42% and total cumulative return in cash reaches $65,752. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,315/mo property income versus a $820/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78840, Del Rio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,647 (100%) |
| Owner Occupied HU | 10,623 (57.0%) |
| Renter Occupied HU | 5,537 (29.7%) |
| Vacant Housing Units | 2,487 (13.3%) |
| Median Home Value | $181,029 |
| Average Home Value | $222,331 |
Housing Distribution
Address Breakdown
Residential
18,108
Single Family
17,130
Multi-Family
978
Businesses
1,131
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices