2243 Verona StWeslacoTX78596
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
Rental property for sale in Weslaco at 2243 Verona St, Weslaco, TX, 78596 generates $911/mo in rent and, after a $563/mo payment, leaves $93/mo in cash flow. Total monthly income is $911/mo, and annual cash flow is $1,117/yr on $38,123 invested. Return on cash invested sits at 22.84% in year one, and rental yield is 9.51% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 119.89% and total cumulative return in cash sums $45,705. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $911/mo property income rather than buyer’s personal income.
Manufactured
Built in 2008
6,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78596, Weslaco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,934 (100%) |
| Owner Occupied HU | 9,484 (56.0%) |
| Renter Occupied HU | 4,091 (24.2%) |
| Vacant Housing Units | 3,359 (19.8%) |
| Median Home Value | $137,699 |
| Average Home Value | $177,708 |
Housing Distribution
Address Breakdown
Residential
15,945
Single Family
13,864
Multi-Family
2,081
Businesses
1,272
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices