1702 W Violet DrPharrTX78577
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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 Pharr at 1702 W Violet Dr, Pharr, TX, 78577 offers $1,082/mo rent that, after a $2,741/mo payment. Total monthly income is $1,082/mo. Return on cash invested measures 0.52% in year one, and rental yield stands at 2.32% at a $560,000 entry. Equity gained on principal adds $3,614/yr while 5% annual appreciation compounds into $154,718 by year five. Five-year ROI records 0.29% and total cumulative return in cash reaches $533. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,082/mo property income versus a $2,741/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 2024
10,397 sqft lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78577, Pharr, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,728 (100%) |
| Owner Occupied HU | 15,997 (53.8%) |
| Renter Occupied HU | 9,877 (33.2%) |
| Vacant Housing Units | 3,854 (13.0%) |
| Median Home Value | $138,178 |
| Average Home Value | $174,875 |
Housing Distribution
Address Breakdown
Residential
27,906
Single Family
23,156
Multi-Family
4,750
Businesses
2,398
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