2417 Paso DrHarlingenTX78550
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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
Rental property for sale in Harlingen at 2417 Paso Dr, Harlingen, TX, 78550 priced at $312,990 pairs $2,572/mo rent with $346/mo cash flow after a $1,532/mo payment. Total monthly income equals $2,572/mo, and annual cash flow comes to $4,155/yr on $103,756 invested. Return on cash invested is 23.91% in year one, and rental yield stands at 9.86% on a $312,990 basis. Equity gained on principal adds $2,020/yr, and 5% annual appreciation accumulates to $86,473 by year five. Five-year ROI measures 125.55% and total cumulative return in cash reaches $130,270. For financing, Ziffy Mortgage’s DSCR program evaluates $2,572/mo property income against a $1,532/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78550, Harlingen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,670 (100%) |
| Owner Occupied HU | 10,629 (46.9%) |
| Renter Occupied HU | 9,732 (42.9%) |
| Vacant Housing Units | 2,309 (10.2%) |
| Median Home Value | $143,489 |
| Average Home Value | $174,244 |
Housing Distribution
Address Breakdown
Residential
20,733
Single Family
17,132
Multi-Family
3,601
Businesses
2,347
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Listed by: A Hamilton • Esperanza Homes Sales Office
Mls Name: Nexus MLS
Mls Provider:
Mls ID: #N480610000007
Disclaimer: Listing information is provided by the Nexus Multiple Listing Service. Property information is based on available data that may include MLS information, county records, and other sources. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 Nexus MLS. All rights are reserved.