23416 N Little Rock 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
Investment property for sale in Edcouch at 23416 N Little Rock Dr, Edcouch, TX, 78538 uses $43,095 cash to close to unlock $1,042/yr annual cash flow and $87/mo monthly cash flow. Total monthly income runs $1,011/mo, and a $636/mo payment keeps the spread at $87/mo. Purchase price stands at $130,000, and rental yield measures 9.33% with $1,011/mo rent. Return on cash invested shows 22.33% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 117.01% and total cumulative return in cash records $50,427. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,011/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.50 Acres lot
$N/A/sqft
No 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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