1815 W Madison StBrownsvilleTX78520
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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 Brownsville at 1815 W Madison St, Brownsville, TX, 78520 priced at $274,900 converts $2,160/mo rent into $146/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,160/mo, and annual cash flow totals $1,753/yr on $91,129 invested. Return on cash invested prints 21.83% in year one, and rental yield reads 9.43% against a $274,900 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation compiles into $75,950 by year five. Five-year ROI reaches 114.71% and total cumulative return in cash sums $104,535. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Multi Family
Built in 2020
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78520, Brownsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,636 (100%) |
| Owner Occupied HU | 13,131 (53.3%) |
| Renter Occupied HU | 8,713 (35.4%) |
| Vacant Housing Units | 2,792 (11.3%) |
| Median Home Value | $155,608 |
| Average Home Value | $184,983 |
Housing Distribution
Address Breakdown
Residential
22,749
Single Family
19,416
Multi-Family
3,333
Businesses
2,104
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Listed by: Dalia Hernandez • Rio Realty
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29754697
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.