1309 W Monroe AveHarlingenTX78550
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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 Harlingen at 1309 W Monroe Ave, Harlingen, TX, 78550 with 5% annual appreciation on a $228,500 basis while $2,200/mo rent supports operations. Total monthly income totals $2,200/mo and a $1,118/mo payment preserves $575/mo for cash returns. Annual cash flow comes to $6,906/yr on $75,748 deployed, and return on cash invested reaches 29.03% in year one. Equity gained on principal adds $1,474/yr, and five-year appreciation sums $63,130 alongside rental yield of 11.55%. Five-year ROI measures 152.98% and total cumulative return in cash totals $115,876.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,200/mo property income versus a $1,118/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78550, Harlingen, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
20,733
Single Family
17,132
Multi-Family
3,601
Businesses
2,347
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