214 E Southern AveEdcouchTX78538
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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 Edcouch at 214 E Southern Ave, Edcouch, TX, 78538 priced at $125,000 converts $961/mo rent into $72/mo cash flow after a $612/mo obligation. Total monthly income equals $961/mo, and annual cash flow totals $863/yr on $41,438 invested. Return on cash invested prints 21.99% in year one, and rental yield reads 9.23% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 115.21% and total cumulative return in cash sums $47,741. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $961/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 1965
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78538, Edcouch, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,586 (100%) |
| Owner Occupied HU | 3,303 (72.0%) |
| Renter Occupied HU | 877 (19.1%) |
| Vacant Housing Units | 406 ( 8.9%) |
| Median Home Value | $119,912 |
| Average Home Value | $159,826 |
Housing Distribution
Address Breakdown
Residential
2,830
Single Family
2,830
Multi-Family
0
Businesses
82
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