2447 Date Palm DrRio Grande CityTX78582
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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 Rio Grande City at 2447 Date Palm Dr, Rio Grande City, TX, 78582 at $289,900 posts ROI 18.43% with from $1,943/mo rent. Total monthly income equals $1,943/mo. Return on cash invested measures 18.43% and rental yield reads 8.04% at the current $289,900. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 by year five. Five-year ROI prints 96.13% and total cumulative return in cash totals $92,385. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,943/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
9,361 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78582, Rio Grande City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,287 (100%) |
| Owner Occupied HU | 10,203 (66.7%) |
| Renter Occupied HU | 3,208 (21.0%) |
| Vacant Housing Units | 1,876 (12.3%) |
| Median Home Value | $120,548 |
| Average Home Value | $158,569 |
Housing Distribution
Address Breakdown
Residential
12,792
Single Family
12,247
Multi-Family
545
Businesses
942
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Listed by: Hiram Diaz • Cnc Realty Rgv, Llc
Mls Name: Greater McAllen AOR
Mls ID: #465572
Disclaimer: Listing information is deemed reliable, but not guaranteed.