149 Alvarez CtLos FresnosTX78566
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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 Los Fresnos at 149 Alvarez Ct, Los Fresnos, TX, 78566 offers $3,108/mo rent that, after a $1,591/mo payment, leaves $574/mo cash flow. Total monthly income is $3,108/mo, and annual cash flow is $6,891/yr on $107,738 cash. Return on cash invested measures 26.3% in year one, and rental yield stands at 11.48% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 139.28% and total cumulative return in cash reaches $150,061. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,108/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
10,593 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78566, Los Fresnos, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,082 (100%) |
| Owner Occupied HU | 5,509 (68.2%) |
| Renter Occupied HU | 1,741 (21.5%) |
| Vacant Housing Units | 832 (10.3%) |
| Median Home Value | $195,583 |
| Average Home Value | $229,252 |
Housing Distribution
Address Breakdown
Residential
7,490
Single Family
7,490
Multi-Family
0
Businesses
341
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Listed by: Daniel Santos • Tnt Real Estate
Mls Name: Greater McAllen AOR
Mls ID: #459915
Disclaimer: Listing information is deemed reliable, but not guaranteed.