1013 W Praline DrPharrTX78577
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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 Pharr at 1013 W Praline Dr, Pharr, TX, 78577 uses $89,472 cash to close to unlock $6,293/yr annual cash flow and $524/mo monthly cash flow. Total monthly income runs $2,452/mo, and a $1,321/mo payment keeps the spread at $524/mo. Purchase price stands at $269,900, and rental yield measures 10.9% with $2,452/mo rent. Return on cash invested shows 26.94% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 141.85% and total cumulative return in cash records $126,918. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,452/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Single Family
Built in 2015
6,716 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78577, Pharr, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,728 (100%) |
| Owner Occupied HU | 15,997 (53.8%) |
| Renter Occupied HU | 9,877 (33.2%) |
| Vacant Housing Units | 3,854 (13.0%) |
| Median Home Value | $138,178 |
| Average Home Value | $174,875 |
Housing Distribution
Address Breakdown
Residential
27,906
Single Family
23,156
Multi-Family
4,750
Businesses
2,398
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