2402 W Taft StWeslacoTX78599
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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 Weslaco at 2402 W Taft St, Weslaco, TX, 78599 uses $77,869 cash to close to unlock $3,662/yr annual cash flow and $305/mo monthly cash flow. Total monthly income runs $2,118/mo, and a $1,150/mo payment keeps the spread at $305/mo. Purchase price stands at $234,900, and rental yield measures 10.82% with $2,118/mo rent. Return on cash invested shows 24.61% in year one, and 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 130.11% and total cumulative return in cash records $101,313. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,118/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 2006
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78599, Weslaco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,801 (100%) |
| Owner Occupied HU | 7,532 (69.7%) |
| Renter Occupied HU | 2,542 (23.5%) |
| Vacant Housing Units | 727 ( 6.7%) |
| Median Home Value | $164,659 |
| Average Home Value | $183,359 |
Housing Distribution
Address Breakdown
Residential
10,336
Single Family
9,769
Multi-Family
567
Businesses
733
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Listed by: Leocadio Guerrero • STAR REALTY
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29763634
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.