1212 E Wright AvePharrTX78577
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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 Pharr at 1212 E Wright Ave, Pharr, TX, 78577 offers $839/mo rent that, after a $516/mo payment, leaves $83/mo cash flow. Total monthly income is $839/mo, and annual cash flow is $993/yr on $34,973 cash. Return on cash invested measures 22.75% in year one, and rental yield stands at 9.54% at a $105,500 entry. Equity gained on principal adds $681/yr while 5% annual appreciation compounds into $29,148 by year five. Five-year ROI records 119.38% and total cumulative return in cash reaches $41,751. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $839/mo property income versus a $516/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
6,237 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78577, Pharr, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,728 (100%) |
| Owner Occupied HU | 15,997 (53.8%) |
| Renter Occupied HU | 9,877 (33.2%) |
| Vacant Housing Units | 3,854 (13.0%) |
| Median Home Value | $138,178 |
| Average Home Value | $174,875 |
Housing Distribution
Address Breakdown
Residential
27,906
Single Family
23,156
Multi-Family
4,750
Businesses
2,398
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