23025 Oak Knoll DrEdcouchTX78538
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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 23025 Oak Knoll Dr, Edcouch, TX, 78538 generates $6,240/mo in rent and, after a $2,765/mo payment, leaves $2,156/mo in cash flow. Total monthly income is $6,240/mo, and annual cash flow is $25,871/yr on $185,885 invested. Return on cash invested sits at 33.98% in year one, and rental yield is 13.25% on a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 179.62% and total cumulative return in cash sums $333,879. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,240/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
2.28 Acres lot
$N/A/sqft
$800 annually 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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