1904 Jackson StWeslacoTX78599
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
Rental property for sale in Weslaco at 1904 Jackson St, Weslaco, TX, 78599 priced at $472,000 converts $1,980/mo rent into after a $2,310/mo obligation. Total monthly income equals $1,980/mo. Return on cash invested prints 6.06% in year one, and rental yield reads 5.03% against a $472,000 entry. Equity gained on principal adds $3,046/yr, while 5% annual appreciation compiles into $130,405 by year five. Five-year ROI reaches 30.95% and total cumulative return in cash sums $48,433. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,980/mo property income covering a $2,310/mo payment, not borrower’s personal income.
Multi Family
Built in 2018
9,199 sqft lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78599, Weslaco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,801 (100%) |
| Owner Occupied HU | 7,532 (69.7%) |
| Renter Occupied HU | 2,542 (23.5%) |
| Vacant Housing Units | 727 ( 6.7%) |
| Median Home Value | $164,659 |
| Average Home Value | $183,359 |
Housing Distribution
Address Breakdown
Residential
10,336
Single Family
9,769
Multi-Family
567
Businesses
733
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices