2605 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
Investment property for sale in Harlingen at 2605 Paso Dr, Harlingen, TX, 78550 earns $185/mo cash flow from $1,920/mo rent with a $1,194/mo payment. Total monthly income totals $1,920/mo, and annual cash flow totals $2,222/yr on $80,883 capital. ROI tracks 22.66% on current figures, and rental yield reads 9.44% at a $243,990 purchase. Equity gained on principal adds $1,574/yr, and 5% annual appreciation supports $67,410 over five years. Five-year ROI reaches 118.83% and total cumulative return in cash sums $96,115. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
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: #N480610000024
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. 2024 Nexus MLS. All rights are reserved.