187 SpurLa FeriaTX78559
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 La Feria at 187 Spur, La Feria, TX, 78559 offers a 7.14% rental yield on a $232,500 purchase with $1,384/mo rent. 71% in year one. Equity gained on principal adds $1,500/yr while 5% annual appreciation supports $64,235 over five years. Portfolio math shows five-year ROI at 81.57% and total cumulative return in cash at $62,868. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,384/mo property income against a $1,138/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78559, La Feria, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,441 (100%) |
| Owner Occupied HU | 3,332 (61.2%) |
| Renter Occupied HU | 1,127 (20.7%) |
| Vacant Housing Units | 982 (18.0%) |
| Median Home Value | $149,171 |
| Average Home Value | $183,703 |
Housing Distribution
Address Breakdown
Residential
4,447
Single Family
4,422
Multi-Family
25
Businesses
290
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices