106 Resaca Shore Dr SLos 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
Investment property for sale in Los Fresnos at 106 Resaca Shore Dr S, Los Fresnos, TX, 78566 uses $34,145 cash to close to unlock $488/yr annual cash flow and $41/mo monthly cash flow. Total monthly income runs $773/mo, and a $504/mo payment keeps the spread at $41/mo. Purchase price stands at $103,000, and rental yield measures 9.01% with $773/mo rent. Return on cash invested shows 21.34% in year one, and 5% annual appreciation builds toward $28,457 over five years. Five-year ROI reaches 111.75% and total cumulative return in cash records $38,158. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $773/mo property income covering a $504/mo payment rather than investor’s personal income.
Single Family
Built in 1989
5,998 sqft 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: Herman Cantu • Coldwell Banker La Mansion
Mls Name: Greater McAllen AOR
Mls ID: #471231
Disclaimer: Listing information is deemed reliable, but not guaranteed.