213 Aaron StMercedesTX78570
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mercedes at 213 Aaron St, Mercedes, TX, 78570 uses $82,875 cash to close to unlock $7,246/yr annual cash flow and $604/mo monthly cash flow. Total monthly income runs $2,382/mo, and a $1,224/mo payment keeps the spread at $604/mo. Purchase price stands at $249,999, and rental yield measures 11.43% with $2,382/mo rent. Return on cash invested shows 28.65% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 150.93% and total cumulative return in cash records $125,086. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,382/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 2022
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78570, Mercedes, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,532 (100%) |
| Owner Occupied HU | 7,290 (63.2%) |
| Renter Occupied HU | 2,762 (24.0%) |
| Vacant Housing Units | 1,480 (12.8%) |
| Median Home Value | $105,549 |
| Average Home Value | $140,885 |
Housing Distribution
Address Breakdown
Residential
10,075
Single Family
9,093
Multi-Family
982
Businesses
683
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices