120 Palm DrLa JoyaTX78560
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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 La Joya at 120 Palm Dr, La Joya, TX, 78560 with 5% annual appreciation on a $260,000 basis while $2,242/mo rent supports operations. Total monthly income totals $2,242/mo and a $1,273/mo payment preserves $393/mo for cash returns. Annual cash flow comes to $4,712/yr on $86,190 deployed, and return on cash invested reaches 25.38% in year one. Equity gained on principal adds $1,678/yr, and five-year appreciation sums $71,833 alongside rental yield of 10.35%. Five-year ROI measures 133.39% and total cumulative return in cash totals $114,965.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,242/mo property income versus a $1,273/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78560, La Joya, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,987 (100%) |
| Owner Occupied HU | 1,206 (60.7%) |
| Renter Occupied HU | 554 (27.9%) |
| Vacant Housing Units | 227 (11.4%) |
| Median Home Value | $119,742 |
| Average Home Value | $138,978 |
Housing Distribution
Address Breakdown
Residential
1,558
Single Family
1,558
Multi-Family
0
Businesses
110
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