2938 Us Highway 83Falcon HeightsTX78545
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Falcon Heights at 2938 Us Highway 83, Falcon Heights, TX, 78545 offers a 5.02% rental yield on a $395,000 purchase with $1,652/mo rent. 31% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 47.24% and total cumulative return in cash at $61,854. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,652/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78545, Falcon Heights, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
10
Single Family
10
Multi-Family
0
Businesses
10
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Nearby investment properties with comparable prices
Listed by: Cristobal Sanchez • Tnt Real Estate
Mls Name: Greater McAllen AOR
Mls ID: #485922