106 E Resaca DrLos FresnosTX78566
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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 Los Fresnos at 106 E Resaca Dr, Los Fresnos, TX, 78566 generates $3,754/mo in rent and, after a $2,198/mo payment, leaves $561/mo in cash flow. Total monthly income is $3,754/mo, and annual cash flow is $6,729/yr on $148,844 invested. Return on cash invested sits at 24.43% in year one, and rental yield is 10.03% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 128.29% and total cumulative return in cash sums $190,948. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,754/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
2.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78566, Los Fresnos, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,082 (100%) |
| Owner Occupied HU | 5,509 (68.2%) |
| Renter Occupied HU | 1,741 (21.5%) |
| Vacant Housing Units | 832 (10.3%) |
| Median Home Value | $195,583 |
| Average Home Value | $229,252 |
Housing Distribution
Address Breakdown
Residential
7,490
Single Family
7,490
Multi-Family
0
Businesses
341
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Listed by: Carly B Thomas • LOLLY BURNS REAL ESTATE, LLC
Mls Name: RGVMLS
Mls ID: #29770946