2516 Salamanca StPharrTX78577
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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 Pharr at 2516 Salamanca St, Pharr, TX, 78577 earns $28/mo cash flow from $2,623/mo rent with a $1,786/mo payment. Total monthly income totals $2,623/mo, and annual cash flow totals $335/yr on $120,998 capital. ROI tracks 20.19% on current figures, and rental yield reads 8.62% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 105.53% and total cumulative return in cash sums $127,687. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,623/mo property income instead of your personal income.
Single Family
Built in 2025
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78577, Pharr, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,728 (100%) |
| Owner Occupied HU | 15,997 (53.8%) |
| Renter Occupied HU | 9,877 (33.2%) |
| Vacant Housing Units | 3,854 (13.0%) |
| Median Home Value | $138,178 |
| Average Home Value | $174,875 |
Housing Distribution
Address Breakdown
Residential
27,906
Single Family
23,156
Multi-Family
4,750
Businesses
2,398
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