304 N Palmas Ave #AEdinburgTX78542
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 304 N Palmas Ave #A, Edinburg, TX, 78542 in Edinburg is narrow, $102/mo net on $1,434/mo rent after the $760/mo debt service, but the property operates at break-even-plus, not a loss. At $169,000 with a 10.18% yield, the long-run equity case via 5% appreciation ($46,692 over five years) and $1,557/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.89 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $79,735.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.2% |
| Monthly Cash Flow | $102 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,434 |
| Total Monthly Debt Service | $1,135 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2025
8,555 sqft lot
$N/A/sqft
No HOA
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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
Condo
Built in 2025
8,555 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices