1005 S 3rd AveEdinburgTX78539
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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
Investment property for sale in Edinburg at 1005 S 3rd Ave, Edinburg, TX, 78539 uses $62,985 cash to close to unlock $1,690/yr annual cash flow and $141/mo monthly cash flow. Total monthly income runs $1,492/mo, and a $930/mo payment keeps the spread at $141/mo. Purchase price stands at $190,000, and rental yield measures 9.42% with $1,492/mo rent. Return on cash invested shows 22.59% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 118.43% and total cumulative return in cash records $74,592. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,492/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1997
10,419 sqft 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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