3026 Mile 13 E #1/2MercedesTX78570
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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
Investment property for sale in Mercedes at 3026 Mile 13 E #1/2, Mercedes, TX, 78570 uses $56,024 cash to close to unlock $1,277/yr annual cash flow and $106/mo monthly cash flow. Total monthly income runs $1,308/mo, and a $827/mo payment keeps the spread at $106/mo. Purchase price stands at $169,000, and rental yield measures 9.29% with $1,308/mo rent. Return on cash invested shows 22.19% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 116.32% and total cumulative return in cash records $65,167. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,308/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1959
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78570, Mercedes, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,532 (100%) |
| Owner Occupied HU | 7,290 (63.2%) |
| Renter Occupied HU | 2,762 (24.0%) |
| Vacant Housing Units | 1,480 (12.8%) |
| Median Home Value | $105,549 |
| Average Home Value | $140,885 |
Housing Distribution
Address Breakdown
Residential
10,075
Single Family
9,093
Multi-Family
982
Businesses
683
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