804 Lake View DrMissionTX78572
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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 Mission at 804 Lake View Dr, Mission, TX, 78572 priced at $190,900 converts $1,376/mo rent into $19/mo cash flow after a $934/mo obligation. Total monthly income equals $1,376/mo, and annual cash flow totals $226/yr on $63,283 invested. Return on cash invested prints 20.27% in year one, and rental yield reads 8.65% against a $190,900 entry. Equity gained on principal adds $1,232/yr, while 5% annual appreciation compiles into $52,742 by year five. Five-year ROI reaches 105.97% and total cumulative return in cash sums $67,063. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,376/mo property income covering a $934/mo payment, not borrower’s personal income.
Single Family
Built in 1996
5,911 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78572, Mission, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,595 (100%) |
| Owner Occupied HU | 19,579 (55.0%) |
| Renter Occupied HU | 7,871 (22.1%) |
| Vacant Housing Units | 8,145 (22.9%) |
| Median Home Value | $167,541 |
| Average Home Value | $212,677 |
Housing Distribution
Address Breakdown
Residential
33,840
Single Family
25,268
Multi-Family
8,572
Businesses
2,459
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