2901 Central Blvd APT 807BrownsvilleTX78520
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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 Brownsville at 2901 Central Blvd APT 807, Brownsville, TX, 78520 offers a 10.94% rental yield on a $125,000 purchase with $1,140/mo rent. Total monthly income registers $1,140/mo, and a $612/mo payment leaves $251/mo available for distribution. Annual cash flow reaches $3,011/yr on $41,438 to close, and return on cash invested stands at 27.18% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 143.01% and total cumulative return in cash at $59,261. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,140/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78520, Brownsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,636 (100%) |
| Owner Occupied HU | 13,131 (53.3%) |
| Renter Occupied HU | 8,713 (35.4%) |
| Vacant Housing Units | 2,792 (11.3%) |
| Median Home Value | $155,608 |
| Average Home Value | $184,983 |
Housing Distribution
Address Breakdown
Residential
22,749
Single Family
19,416
Multi-Family
3,333
Businesses
2,104
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Listed by: Bertha De La Rosa • Legacy Realty Group Rgv
Mls Name: Greater McAllen AOR
Mls ID: #471074
Disclaimer: Listing information is deemed reliable, but not guaranteed.