2708 Stevia DrWeslacoTX78599
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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
Rental property for sale in Weslaco at 2708 Stevia Dr, Weslaco, TX, 78599 offers $1,966/mo rent that, after a $1,199/mo payment, leaves $224/mo cash flow. Total monthly income is $1,966/mo, and annual cash flow is $2,690/yr on $81,184 cash. Return on cash invested measures 23.22% in year one, and rental yield stands at 9.63% at a $244,900 entry. Equity gained on principal adds $1,580/yr while 5% annual appreciation compounds into $67,661 by year five. Five-year ROI records 121.88% and total cumulative return in cash reaches $98,945. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,966/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
5,244 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
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