23409 Tangerine AveHarlingenTX78552
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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 Harlingen at 23409 Tangerine Ave, Harlingen, TX, 78552 listed at $265,000 pairs $1,833/mo rent with a $1,297/mo payment. Total monthly income runs $1,833/mo. Return on cash invested measures 19.21% in year one, and rental yield registers 8.3% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 100.3% and total cumulative return in cash totals $88,107. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,833/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78552, Harlingen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,154 (100%) |
| Owner Occupied HU | 10,887 (67.4%) |
| Renter Occupied HU | 3,097 (19.2%) |
| Vacant Housing Units | 2,170 (13.4%) |
| Median Home Value | $200,940 |
| Average Home Value | $229,638 |
Housing Distribution
Address Breakdown
Residential
13,840
Single Family
13,132
Multi-Family
708
Businesses
622
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Listed by: Katherine Childress • Troy Giles Realty
Mls Name: SPIBOR
Mls ID: #103489
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