23 Colorado River DrBrownsvilleTX78520
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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
Investment property for sale in Brownsville at 23 Colorado River Dr, Brownsville, TX, 78520 with 5% annual appreciation on a $112,000 basis while $877/mo rent supports operations. Total monthly income totals $877/mo and a $548/mo payment preserves $67/mo for cash returns. Annual cash flow comes to $801/yr on $37,128 deployed, and return on cash invested reaches 22.07% in year one. Equity gained on principal adds $723/yr, and five-year appreciation sums $30,944 alongside rental yield of 9.4%. Five-year ROI measures 115.78% and total cumulative return in cash totals $42,987.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $877/mo property income versus a $548/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1990
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78520, Brownsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,636 (100%) |
| Owner Occupied HU | 13,131 (53.3%) |
| Renter Occupied HU | 8,713 (35.4%) |
| Vacant Housing Units | 2,792 (11.3%) |
| Median Home Value | $155,608 |
| Average Home Value | $184,983 |
Housing Distribution
Address Breakdown
Residential
22,749
Single Family
19,416
Multi-Family
3,333
Businesses
2,104
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Listed by: Ellen Coimbra • Executive Home Realty
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29762035
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.