201 Merry Way AvePharrTX78577
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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 Pharr at 201 Merry Way Ave, Pharr, TX, 78577 uses $39,780 cash to close to unlock $2,364/yr annual cash flow and $197/mo monthly cash flow. Total monthly income runs $1,050/mo, and a $587/mo payment keeps the spread at $197/mo. Purchase price stands at $120,000, and rental yield measures 10.5% with $1,050/mo rent. Return on cash invested shows 25.85% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 135.92% and total cumulative return in cash records $54,067. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,050/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 2000
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78577, Pharr, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,728 (100%) |
| Owner Occupied HU | 15,997 (53.8%) |
| Renter Occupied HU | 9,877 (33.2%) |
| Vacant Housing Units | 3,854 (13.0%) |
| Median Home Value | $138,178 |
| Average Home Value | $174,875 |
Housing Distribution
Address Breakdown
Residential
27,906
Single Family
23,156
Multi-Family
4,750
Businesses
2,398
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