1946 E Mile 12 StWeslacoTX78599
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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 Weslaco at 1946 E Mile 12 St, Weslaco, TX, 78599 generates $1,557/mo in rent and, after a $852/mo payment, leaves $319/mo in cash flow. Total monthly income is $1,557/mo, and annual cash flow is $3,832/yr on $57,681 invested. Return on cash invested sits at 26.55% in year one, and rental yield is 10.74% on a $174,000 entry. Equity gained on principal adds $1,123/yr, while 5% annual appreciation builds toward $48,073 over five years. Five-year ROI reaches 139.73% and total cumulative return in cash sums $80,597. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,557/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
0.50 Acres lot
$N/A/sqft
No 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
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