805 E 8th StDel 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
Investment property for sale in Del Rio at 805 E 8th St, Del Rio, TX, 78840 at $249,900 posts ROI 41.33% with $1,479/mo cash flow from $3,256/mo rent. Total monthly income equals $3,256/mo, and annual cash flow records $17,749/yr on $82,842 to close. Return on cash invested measures 41.33% and rental yield reads 15.64% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 218.99% and total cumulative return in cash totals $181,418.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,256/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
8,276 sqft 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
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Nearby investment properties with comparable prices
Listed by: Ray Rivas • Real Estate Solutions
Mls Name: Del Rio BOR
Mls ID: #205325
Disclaimer: Based on information from the Multiple Listing Service of the Del Rio Board of REALTORS as of 2024-01-25 09:05:47 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Del Rio Board of REALTORS provides the MLS and all content therein AS IS and without any warranty, express or implied.