1944 W University Blvd #1BBrownsvilleTX78520
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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 Brownsville at 1944 W University Blvd #1B, Brownsville, TX, 78520 offers a 9.58% rental yield on a $100,000 purchase with $798/mo rent. Total monthly income registers $798/mo, and a $489/mo payment leaves $87/mo available for distribution. Annual cash flow reaches $1,048/yr on $33,150 to close, and return on cash invested stands at 23.07% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 121.13% and total cumulative return in cash at $40,156. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $798/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A 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: Carmen Gonzalez • Coldwell Banker La Mansion Real Estate
Mls Name: RGVMLS
Mls ID: #29768650