302 Hinojosa DrEdcouchTX78538
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 Edcouch at 302 Hinojosa Dr, Edcouch, TX, 78538 listed at $162,000 pairs $1,377/mo rent with a $793/mo payment to leave $225/mo cash flow. Total monthly income runs $1,377/mo, and annual cash flow reaches $2,699/yr on $53,703 cash to close. Return on cash invested measures 24.93% in year one, and rental yield registers 10.2% at a $162,000 basis. Equity gained on principal adds $1,045/yr, and annual property appreciation at 5% supports $44,758 by year five. Five-year ROI tracks 131% and total cumulative return in cash totals $70,349. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,377/mo property income relative to a $793/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
9,226 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78538, Edcouch, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,586 (100%) |
| Owner Occupied HU | 3,303 (72.0%) |
| Renter Occupied HU | 877 (19.1%) |
| Vacant Housing Units | 406 ( 8.9%) |
| Median Home Value | $119,912 |
| Average Home Value | $159,826 |
Housing Distribution
Address Breakdown
Residential
2,830
Single Family
2,830
Multi-Family
0
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices