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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Harlingen at 129 W Spencer Ct, Harlingen, TX, 78550 listed at $225,900 pairs $2,206/mo rent with a $1,106/mo payment to leave $599/mo cash flow. Total monthly income runs $2,206/mo, and annual cash flow reaches $7,191/yr on $74,886 cash to close. Return on cash invested measures 29.51% in year one, and rental yield registers 11.72% at a $225,900 basis. Equity gained on principal adds $1,458/yr, and annual property appreciation at 5% supports $62,412 by year five. Five-year ROI tracks 155.59% and total cumulative return in cash totals $116,511. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,206/mo property income relative to a $1,106/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78550, Harlingen, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,670 (100%) |
| Owner Occupied HU | 10,629 (46.9%) |
| Renter Occupied HU | 9,732 (42.9%) |
| Vacant Housing Units | 2,309 (10.2%) |
| Median Home Value | $143,489 |
| Average Home Value | $174,244 |
Residential
20,733
Single Family
17,132
Multi-Family
3,601
Businesses
2,347
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Damaris Palacios • Legacy Realty Group RGV
Mls Name: SPIBOR
Mls ID: #104665
