243 Alamo StRaymondvilleTX78580
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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
Total monthly income runs $966/mo, and a $934/mo payment. Purchase price stands at $190,800, and rental yield measures 6.08% with $966/mo rent. Return on cash invested shows 12.49% in year one, and 5% annual appreciation builds toward $52,715 over five years. Five-year ROI reaches 64.37% and total cumulative return in cash records $40,715. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $966/mo property income covering a $934/mo payment rather than investor’s personal income.
Single Family
Built in 2003
7,248 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78580, Raymondville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,459 (100%) |
| Owner Occupied HU | 2,714 (60.9%) |
| Renter Occupied HU | 1,080 (24.2%) |
| Vacant Housing Units | 665 (14.9%) |
| Median Home Value | $75,664 |
| Average Home Value | $122,856 |
Housing Distribution
Address Breakdown
Residential
3,550
Single Family
3,362
Multi-Family
188
Businesses
377
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Listed by: Lori Brown • Realhome Services And Solutions, Inc.
Mls Name: Greater McAllen AOR
Mls ID: #478469