118C Poinciana DrBrownsvilleTX78521
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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 Brownsville at 118C Poinciana Dr, Brownsville, TX, 78521 offers a 10.03% rental yield on a $149,000 purchase with $1,246/mo rent. Total monthly income registers $1,246/mo, and a $729/mo payment leaves $187/mo available for distribution. Annual cash flow reaches $2,241/yr on $49,394 to close, and return on cash invested stands at 24.45% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 128.41% and total cumulative return in cash at $63,424. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,246/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
1,364 sqft 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
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Listed by: Myrna Castella • GRT Realty
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29763465
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.