2304 Shidler DrBrownsvilleTX78521
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
Investment property for sale in Brownsville at 2304 Shidler Dr, Brownsville, TX, 78521 listed at $109,900 pairs $836/mo rent with a $538/mo payment to leave $54/mo cash flow. Total monthly income runs $836/mo, and annual cash flow reaches $653/yr on $36,432 cash to close. Return on cash invested measures 21.7% in year one, and rental yield registers 9.13% at a $109,900 basis. Equity gained on principal adds $709/yr, and annual property appreciation at 5% supports $30,363 by year five. Five-year ROI tracks 113.75% and total cumulative return in cash totals $41,440. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $836/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78521, Brownsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,648 (100%) |
| Owner Occupied HU | 16,501 (52.1%) |
| Renter Occupied HU | 12,640 (39.9%) |
| Vacant Housing Units | 2,507 ( 7.9%) |
| Median Home Value | $113,948 |
| Average Home Value | $165,419 |
Housing Distribution
Address Breakdown
Residential
30,662
Single Family
25,891
Multi-Family
4,771
Businesses
2,790
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca Bouwsma • McNabb & Co. Real Estate Services
Mls Name: SPIBOR
Mls ID: #104114