198 Charles Barber RdSan BenitoTX78586
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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 San Benito at 198 Charles Barber Rd, San Benito, TX, 78586 generates $2,340/mo in rent and, after a $1,215/mo payment, leaves $575/mo in cash flow. Total monthly income is $2,340/mo, and annual cash flow is $6,898/yr on $82,278 invested. Return on cash invested sits at 28.29% in year one, and rental yield is 11.31% on a $248,200 entry. Equity gained on principal adds $1,602/yr, while 5% annual appreciation builds toward $68,573 over five years. Five-year ROI reaches 149.01% and total cumulative return in cash sums $122,601. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,340/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78586, San Benito, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,442 (100%) |
| Owner Occupied HU | 12,011 (65.1%) |
| Renter Occupied HU | 4,164 (22.6%) |
| Vacant Housing Units | 2,267 (12.3%) |
| Median Home Value | $109,128 |
| Average Home Value | $153,769 |
Housing Distribution
Address Breakdown
Residential
15,098
Single Family
14,184
Multi-Family
914
Businesses
862
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Listed by: Vanessa Tillman • McNabb and Co. Real Estate Services
Mls Name: RGVMLS
Mls ID: #29767744