1005 E Sprague StEdinburgTX78539
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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 Edinburg at 1005 E Sprague St, Edinburg, TX, 78539 priced at $259,999 converts $1,829/mo rent into after a $1,273/mo obligation. Total monthly income equals $1,829/mo. Return on cash invested prints 19.63% in year one, and rental yield reads 8.44% against a $259,999 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation compiles into $71,833 by year five. Five-year ROI reaches 102.55% and total cumulative return in cash sums $88,385. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,829/mo property income covering a $1,273/mo payment, not borrower’s personal income.
Single Family
Built in 1994
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78539, Edinburg, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,886 (100%) |
| Owner Occupied HU | 7,987 (50.3%) |
| Renter Occupied HU | 6,497 (40.9%) |
| Vacant Housing Units | 1,402 ( 8.8%) |
| Median Home Value | $240,217 |
| Average Home Value | $267,915 |
Housing Distribution
Address Breakdown
Residential
14,742
Single Family
13,893
Multi-Family
849
Businesses
1,937
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