2162 Cardinal LnZapataTX78076
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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 Zapata at 2162 Cardinal Ln, Zapata, TX, 78076 priced at $205,000 pairs $2,341/mo rent with $884/mo cash flow after a $1,003/mo payment. Total monthly income equals $2,341/mo, and annual cash flow comes to $10,603/yr on $67,958 invested. Return on cash invested is 35.51% in year one, and rental yield stands at 13.7% on a $205,000 basis. Equity gained on principal adds $1,323/yr, and 5% annual appreciation accumulates to $56,638 by year five. Five-year ROI measures 187.75% and total cumulative return in cash reaches $127,590. For financing, Ziffy Mortgage’s DSCR program evaluates $2,341/mo property income against a $1,003/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2010
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78076, Zapata, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,833 (100%) |
| Owner Occupied HU | 3,383 (58.0%) |
| Renter Occupied HU | 918 (15.7%) |
| Vacant Housing Units | 1,532 (26.3%) |
| Median Home Value | $109,464 |
| Average Home Value | $178,795 |
Housing Distribution
Address Breakdown
Residential
5,154
Single Family
5,154
Multi-Family
0
Businesses
350
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Listed by: Liz Mendoza • Cornerstone Real Estate Group
Mls Name: LAR
Mls Provider:
Mls ID: #20243555
Disclaimer: 2024 Laredo Multiple Listing Service. Information is deemed to be reliable but not guaranteed. Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.