0 S Us Highway 281FalfurriasTX78355
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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 Falfurrias at 0 S Us Highway 281, Falfurrias, TX, 78355 generates $1,351/mo in rent, after a $5,873/mo payment. Total monthly income is $1,351/mo. Return on cash invested sits at -1.8% in year one, and rental yield is 1.35% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,351/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
223.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78355, Falfurrias, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,913 (100%) |
| Owner Occupied HU | 1,571 (53.9%) |
| Renter Occupied HU | 784 (26.9%) |
| Vacant Housing Units | 558 (19.2%) |
| Median Home Value | $85,373 |
| Average Home Value | $140,328 |
Housing Distribution
Address Breakdown
Residential
2,374
Single Family
2,086
Multi-Family
288
Businesses
254
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Listed by: Lindsy Clark • LPT Realty, LLC
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #447968
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.