115 E Armstrong CtBrownsvilleTX78521
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Brownsville at 115 E Armstrong Ct, Brownsville, TX, 78521 offers a 9.37% rental yield on a $292,000 purchase with $2,280/mo rent. Total monthly income registers $2,280/mo, and a $1,429/mo payment leaves $144/mo available for distribution. Annual cash flow reaches $1,729/yr on $96,798 to close, and return on cash invested stands at 21.7% in year one. Equity gained on principal adds $1,884/yr while 5% annual appreciation supports $80,674 over five years. Portfolio math shows five-year ROI at 113.94% and total cumulative return in cash at $110,288. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,280/mo property income against a $1,429/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78521, Brownsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,648 (100%) |
| Owner Occupied HU | 16,501 (52.1%) |
| Renter Occupied HU | 12,640 (39.9%) |
| Vacant Housing Units | 2,507 ( 7.9%) |
| Median Home Value | $113,948 |
| Average Home Value | $165,419 |
Housing Distribution
Address Breakdown
Residential
30,662
Single Family
25,891
Multi-Family
4,771
Businesses
2,790
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ricardo Salazar • RCR Real Connect Realty
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29765543
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.