2447 Verona StWeslacoTX78599
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2447 Verona St, Weslaco, TX, 78599 uses $64,145 cash to close to unlock $1,489/yr annual cash flow and $124/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $947/mo payment keeps the spread at $124/mo. Purchase price stands at $193,500, and rental yield measures 9.3% with $1,500/mo rent. Return on cash invested shows 22.23% in year one, and 5% annual appreciation builds toward $53,460 over five years. Five-year ROI reaches 116.56% and total cumulative return in cash records $74,767. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $947/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,054 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices