16073 S Us Highway 281Las RusiasTX78586
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 Las Rusias at 16073 S Us Highway 281, Las Rusias, TX, 78586 offers a 9.08% rental yield on a $199,000 purchase with $1,506/mo rent. Total monthly income registers $1,506/mo, and a $974/mo payment leaves $91/mo available for distribution. Annual cash flow reaches $1,091/yr on $65,969 to close, and return on cash invested stands at 21.56% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 112.92% and total cumulative return in cash at $74,490. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,506/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
1.77 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie R. Cerda • Century 21 Johnston Company
Mls Name: Greater McAllen AOR
Mls ID: #471618
Disclaimer: Listing information is deemed reliable, but not guaranteed.