1811 W Carr StRio Grande CityTX78582
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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 Rio Grande City at 1811 W Carr St, Rio Grande City, TX, 78582 earns $137/mo cash flow from $1,275/mo rent with a $783/mo payment. Total monthly income totals $1,275/mo, and annual cash flow totals $1,648/yr on $53,040 capital. ROI tracks 23.02% on current figures, and rental yield reads 9.56% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 120.79% and total cumulative return in cash sums $64,070. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,275/mo property income instead of your personal income.
Single Family
Built in 2005
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78582, Rio Grande City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,287 (100%) |
| Owner Occupied HU | 10,203 (66.7%) |
| Renter Occupied HU | 3,208 (21.0%) |
| Vacant Housing Units | 1,876 (12.3%) |
| Median Home Value | $120,548 |
| Average Home Value | $158,569 |
Housing Distribution
Address Breakdown
Residential
12,792
Single Family
12,247
Multi-Family
545
Businesses
942
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Listed by: Cesar Felix • Paramount Living
Mls Name: Greater McAllen AOR
Mls ID: #478378
Disclaimer: Listing information is deemed reliable, but not guaranteed.