1421 Rio Grande StSan BenitoTX78586
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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 San Benito at 1421 Rio Grande St, San Benito, TX, 78586 uses $52,874 cash to close to unlock $965/yr annual cash flow and $80/mo monthly cash flow. Total monthly income runs $1,215/mo, and a $781/mo payment keeps the spread at $80/mo. Purchase price stands at $159,500, and rental yield measures 9.14% with $1,215/mo rent. Return on cash invested shows 21.73% in year one, and 5% annual appreciation builds toward $44,067 over five years. Five-year ROI reaches 113.91% and total cumulative return in cash records $60,229. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,215/mo property income covering a $781/mo payment rather than investor’s personal income.
Single Family
Built in 1979
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78586, San Benito, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,442 (100%) |
| Owner Occupied HU | 12,011 (65.1%) |
| Renter Occupied HU | 4,164 (22.6%) |
| Vacant Housing Units | 2,267 (12.3%) |
| Median Home Value | $109,128 |
| Average Home Value | $153,769 |
Housing Distribution
Address Breakdown
Residential
15,098
Single Family
14,184
Multi-Family
914
Businesses
862
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Listed by: Linda Marie Villarreal • One Stop Realty, Inc
Mls Name: RGVMLS
Mls ID: #29768838