2901 Central Blvd UNIT 306BrownsvilleTX78520
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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 UNIT 306, Brownsville, TX, 78520 uses $64,643 cash to close to unlock $1,833/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $1,539/mo, and a $954/mo payment keeps the spread at $153/mo. Purchase price stands at $195,000, and rental yield measures 9.47% with $1,539/mo rent. Return on cash invested shows 22.74% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 119.27% and total cumulative return in cash records $77,098. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,539/mo property income covering a $954/mo payment rather than investor’s personal income.
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: Anna M. Domene • Coldwell Banker La Mansion Real Estate Brownsville
Mls Name: RGVMLS
Mls ID: #29765358