1357 El Paseo DrWeslacoTX78596
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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 Weslaco at 1357 El Paseo Dr, Weslaco, TX, 78596 offers $2,478/mo rent that, after a $1,361/mo payment, leaves $501/mo cash flow. Total monthly income is $2,478/mo, and annual cash flow is $6,009/yr on $92,157 cash. Return on cash invested measures 26.43% in year one, and rental yield stands at 10.7% at a $278,000 entry. Equity gained on principal adds $1,794/yr while 5% annual appreciation compounds into $76,806 by year five. Five-year ROI records 139.02% and total cumulative return in cash reaches $128,117. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,478/mo property income versus a $1,361/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
6,333 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78596, Weslaco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,934 (100%) |
| Owner Occupied HU | 9,484 (56.0%) |
| Renter Occupied HU | 4,091 (24.2%) |
| Vacant Housing Units | 3,359 (19.8%) |
| Median Home Value | $137,699 |
| Average Home Value | $177,708 |
Housing Distribution
Address Breakdown
Residential
15,945
Single Family
13,864
Multi-Family
2,081
Businesses
1,272
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