3003 Las Lomas StRio Grande CityTX78582
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 Rio Grande City at 3003 Las Lomas St, Rio Grande City, TX, 78582 at $103,999 posts ROI 30.99% with $318/mo cash flow from $1,058/mo rent. Total monthly income equals $1,058/mo, and annual cash flow records $3,822/yr on $34,476 to close. Return on cash invested measures 30.99% and rental yield reads 12.21% at the current $103,999. Equity gained on principal adds $671/yr, and 5% annual appreciation supports $28,733 by year five. Five-year ROI prints 163.56% and total cumulative return in cash totals $56,387.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,058/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1991
5,601 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78582, Rio Grande City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,287 (100%) |
| Owner Occupied HU | 10,203 (66.7%) |
| Renter Occupied HU | 3,208 (21.0%) |
| Vacant Housing Units | 1,876 (12.3%) |
| Median Home Value | $120,548 |
| Average Home Value | $158,569 |
Housing Distribution
Address Breakdown
Residential
12,792
Single Family
12,247
Multi-Family
545
Businesses
942
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Listed by: Paula Chapa • Dolce Vita Realty
Mls Name: Greater McAllen AOR
Mls ID: #474213