IBIZA Plan, GLASSCOCK HILLS,Mission,TX,78574

Investment Highlights

Investment property for sale in Mission at IBIZA Plan, GLASSCOCK HILLS, Mission, TX, 78574 uses $129,285 cash to close to unlock $5,358/yr annual cash flow and $447/mo monthly cash flow. Total monthly income runs $3,241/mo, and a $1,909/mo payment keeps the spread at $447/mo. Purchase price stands at $390,000, and rental yield measures 9.97% with $3,241/mo rent. Return on cash invested shows 24.05% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 126.35% and total cumulative return in cash records $163,352. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,241/mo property income covering a $1,909/mo payment rather than investor’s personal income.