16805 Las Canas Dr,Edinburg,TX,78541

Investment Highlights

Investment property for sale in Edinburg at 16805 Las Canas Dr, Edinburg, TX, 78541 uses $46,410 cash to close to unlock $3,296/yr annual cash flow and $275/mo monthly cash flow. Total monthly income runs $1,270/mo, and a $685/mo payment keeps the spread at $275/mo. Purchase price stands at $140,000, and rental yield measures 10.89% with $1,270/mo rent. Return on cash invested shows 27.01% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 142.13% and total cumulative return in cash records $65,962. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,270/mo property income covering a $685/mo payment rather than investor’s personal income.