302 W Sugarcane DrWeslacoTX78599
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 Weslaco at 302 W Sugarcane Dr, Weslaco, TX, 78599 at $269,900 posts ROI 20.22% with $23/mo cash flow from $2,142/mo rent. Total monthly income equals $2,142/mo, and annual cash flow records $276/yr on $89,472 to close. Return on cash invested measures 20.22% and rental yield reads 9.52% at the current $269,900. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 by year five. Five-year ROI prints 106.67% and total cumulative return in cash totals $95,442.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,142/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
7,670 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78599, Weslaco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,801 (100%) |
| Owner Occupied HU | 7,532 (69.7%) |
| Renter Occupied HU | 2,542 (23.5%) |
| Vacant Housing Units | 727 ( 6.7%) |
| Median Home Value | $164,659 |
| Average Home Value | $183,359 |
Housing Distribution
Address Breakdown
Residential
10,336
Single Family
9,769
Multi-Family
567
Businesses
733
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