816 W 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
Total monthly income runs $1,692/mo, and a $1,248/mo payment. Purchase price stands at $255,000, and rental yield measures 7.96% with $1,692/mo rent. Return on cash invested shows 18.19% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 94.84% and total cumulative return in cash records $80,168. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,692/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1958
10,018 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Grover Lemarr • Riverside Realty & Property Management
Mls Name: Del Rio BOR
Mls ID: #207083
Disclaimer: Based on information from the Multiple Listing Service of the Del Rio Board of REALTORS as of 2025-05-23 14:57:39 PDT. 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.