2002 Water Willow DrWeslacoTX78596
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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 Weslaco at 2002 Water Willow Dr, Weslaco, TX, 78596 offers a 11.11% rental yield on a $290,000 purchase with $2,684/mo rent. Total monthly income registers $2,684/mo, and a $1,419/mo payment leaves $539/mo available for distribution. Annual cash flow reaches $6,465/yr on $96,135 to close, and return on cash invested stands at 26.63% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 140.49% and total cumulative return in cash at $135,064. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,684/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
6,242 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78596, Weslaco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,934 (100%) |
| Owner Occupied HU | 9,484 (56.0%) |
| Renter Occupied HU | 4,091 (24.2%) |
| Vacant Housing Units | 3,359 (19.8%) |
| Median Home Value | $137,699 |
| Average Home Value | $177,708 |
Housing Distribution
Address Breakdown
Residential
15,945
Single Family
13,864
Multi-Family
2,081
Businesses
1,272
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Listed by: Saul Miranda • Real Broker, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #43749960
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