2408 Gregory AveBrownsvilleTX78526
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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 Brownsville at 2408 Gregory Ave, Brownsville, TX, 78526 offers a 10.39% rental yield on a $164,999 purchase with $1,429/mo rent. Total monthly income registers $1,429/mo, and a $808/mo payment leaves $255/mo available for distribution. Annual cash flow reaches $3,063/yr on $54,697 to close, and return on cash invested stands at 25.51% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 134.16% and total cumulative return in cash at $73,379. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,429/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78526, Brownsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,771 (100%) |
| Owner Occupied HU | 12,046 (67.8%) |
| Renter Occupied HU | 4,447 (25.0%) |
| Vacant Housing Units | 1,278 ( 7.2%) |
| Median Home Value | $194,815 |
| Average Home Value | $225,875 |
Housing Distribution
Address Breakdown
Residential
18,264
Single Family
16,923
Multi-Family
1,341
Businesses
1,051
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Listed by: Favio Balladares Jr. • GRT Realty
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29763611
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.