302 N Kika De La Garza BlvdLa JoyaTX78560
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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 La Joya at 302 N Kika De La Garza Blvd, La Joya, TX, 78560 priced at $195,000 converts $1,545/mo rent into $159/mo cash flow after a $954/mo obligation. Total monthly income equals $1,545/mo, and annual cash flow totals $1,905/yr on $64,643 invested. Return on cash invested prints 22.86% in year one, and rental yield reads 9.51% against a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,875 by year five. Five-year ROI reaches 119.86% and total cumulative return in cash sums $77,482. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,545/mo property income covering a $954/mo payment, not borrower’s personal income.
Single Family
Built in 2024
5,854 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78560, La Joya, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,987 (100%) |
| Owner Occupied HU | 1,206 (60.7%) |
| Renter Occupied HU | 554 (27.9%) |
| Vacant Housing Units | 227 (11.4%) |
| Median Home Value | $119,742 |
| Average Home Value | $138,978 |
Housing Distribution
Address Breakdown
Residential
1,558
Single Family
1,558
Multi-Family
0
Businesses
110
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