23876 Richmond CtHarlingenTX78552
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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 23876 Richmond Ct, Harlingen, TX, 78552 earns from $2,186/mo rent with a $1,615/mo payment. Total monthly income totals $2,186/mo. ROI tracks 18.15% on current figures, and rental yield reads 7.95% at a $330,000 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 over five years. Five-year ROI reaches 94.63% and total cumulative return in cash sums $103,523. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,186/mo property income instead of your personal income.
Single Family
Built in 2001
0.56 Acres 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: Monica Benavides Team • THE MBTEAM
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29767118
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.