3005 Old Alice Rd APT 700ABrownsvilleTX78521
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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 Brownsville at 3005 Old Alice Rd APT 700A, Brownsville, TX, 78521 generates $2,204/mo in rent and, after a $563/mo payment, leaves $1,386/mo in cash flow. Total monthly income is $2,204/mo, and annual cash flow is $16,633/yr on $38,123 invested. Return on cash invested sits at 63.54% in year one, and rental yield is 23% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 338.16% and total cumulative return in cash sums $128,913. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,204/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78521, Brownsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,648 (100%) |
| Owner Occupied HU | 16,501 (52.1%) |
| Renter Occupied HU | 12,640 (39.9%) |
| Vacant Housing Units | 2,507 ( 7.9%) |
| Median Home Value | $113,948 |
| Average Home Value | $165,419 |
Housing Distribution
Address Breakdown
Residential
30,662
Single Family
25,891
Multi-Family
4,771
Businesses
2,790
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Listed by: Edgar De La Garza • MKZ Realty
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29755656
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.