113 Palace AveSan BenitoTX78586
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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 San Benito at 113 Palace Ave, San Benito, TX, 78586 priced at $343,000 converts $2,407/mo rent into after a $1,679/mo obligation. Total monthly income equals $2,407/mo. Return on cash invested prints 19.57% in year one, and rental yield reads 8.42% against a $343,000 entry. Equity gained on principal adds $2,213/yr, while 5% annual appreciation compiles into $94,765 by year five. Five-year ROI reaches 102.22% and total cumulative return in cash sums $116,232. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,407/mo property income covering a $1,679/mo payment, not borrower’s personal income.
Single Family
Built in 2025
6,720 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78586, San Benito, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,442 (100%) |
| Owner Occupied HU | 12,011 (65.1%) |
| Renter Occupied HU | 4,164 (22.6%) |
| Vacant Housing Units | 2,267 (12.3%) |
| Median Home Value | $109,128 |
| Average Home Value | $153,769 |
Housing Distribution
Address Breakdown
Residential
15,098
Single Family
14,184
Multi-Family
914
Businesses
862
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Listed by: N/A • N/A
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