212 Alex AveLa JoyaTX78560
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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 La Joya at 212 Alex Ave, La Joya, TX, 78560 offers $991/mo rent that, after a $5,335/mo payment. Total monthly income is $991/mo. Return on cash invested measures -2.6% in year one, and rental yield stands at 1.09% at a $1,090,000 entry. Equity gained on principal adds $7,034/yr while 5% annual appreciation compounds into $301,147 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $991/mo property income versus a $5,335/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 2022
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78560, La Joya, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,987 (100%) |
| Owner Occupied HU | 1,206 (60.7%) |
| Renter Occupied HU | 554 (27.9%) |
| Vacant Housing Units | 227 (11.4%) |
| Median Home Value | $119,742 |
| Average Home Value | $138,978 |
Housing Distribution
Address Breakdown
Residential
1,558
Single Family
1,558
Multi-Family
0
Businesses
110
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