0 Lodgepole Pine DrMercedesTX78570
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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 Mercedes at 0 Lodgepole Pine Dr, Mercedes, TX, 78570 priced at $230,000 converts $1,371/mo rent into after a $1,126/mo obligation. Total monthly income equals $1,371/mo. Return on cash invested prints 15.74% in year one, and rental yield reads 7.15% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 81.76% and total cumulative return in cash sums $62,335. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,371/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78570, Mercedes, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,532 (100%) |
| Owner Occupied HU | 7,290 (63.2%) |
| Renter Occupied HU | 2,762 (24.0%) |
| Vacant Housing Units | 1,480 (12.8%) |
| Median Home Value | $105,549 |
| Average Home Value | $140,885 |
Housing Distribution
Address Breakdown
Residential
10,075
Single Family
9,093
Multi-Family
982
Businesses
683
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Listed by: Luis Melendez • LEGACY REALTY GROUP RGV
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29752764
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.