901 Kings Way LOT B, Del Rio, TX, 78840 | $207/mo Cash Flow

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901 Kings Way LOT B, Del Rio, TX, 78840 | $207/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Del Rio at 901 Kings Way LOT B, Del Rio, TX, 78840 listed at $212,000 pairs $1,715/mo rent with a $1,038/mo payment to leave $207/mo cash flow. Total monthly income runs $1,715/mo, and annual cash flow reaches $2,485/yr on $70,278 cash to close. Return on cash invested measures 23.44% in year one, and rental yield registers 9.71% at a $212,000 basis. Equity gained on principal adds $1,368/yr, and annual property appreciation at 5% supports $58,572 by year five. Five-year ROI tracks 123.07% and total cumulative return in cash totals $86,491. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,715/mo property income relative to a $1,038/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 2007

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Clovis Point Village a beautifully maintained condo community in the heart of Del Rio, Texas. This updated 3-bedroom, 2-bath home offers a perfect blend of style and convenience. Step inside to find an open-concept layout with high ceilings that create a bright and spacious feel throughout. The kitchen has been tastefully updated with stainless steel appliances, modern cabinetry, and elegant backsplash accents. Both bathrooms feature recent upgrades, offering a fresh and contemporary design. Enjoy low-maintenance living with an HOA that covers exterior insurance, grounds maintenance, and trash service. Centrally located near schools, shopping, and restaurants, this home provides comfort, efficiency, and accessibility all in one.

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