1300 Milania DrLa FeriaTX78559
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 La Feria at 1300 Milania Dr, La Feria, TX, 78559 at $306,000 posts ROI 22.82% with $246/mo cash flow from $2,422/mo rent. Total monthly income equals $2,422/mo, and annual cash flow records $2,948/yr on $101,439 to close. Return on cash invested measures 22.82% and rental yield reads 9.5% at the current $306,000. Equity gained on principal adds $1,975/yr, and 5% annual appreciation supports $84,542 by year five. Five-year ROI prints 119.65% and total cumulative return in cash totals $121,368.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,422/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
7,230 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78559, La Feria, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,441 (100%) |
| Owner Occupied HU | 3,332 (61.2%) |
| Renter Occupied HU | 1,127 (20.7%) |
| Vacant Housing Units | 982 (18.0%) |
| Median Home Value | $149,171 |
| Average Home Value | $183,703 |
Housing Distribution
Address Breakdown
Residential
4,447
Single Family
4,422
Multi-Family
25
Businesses
290
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