304 Red Ant DrWeslacoTX78596
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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 Weslaco at 304 Red Ant Dr, Weslaco, TX, 78596 priced at $284,995 pairs $2,393/mo rent with $366/mo cash flow after a $1,395/mo payment. Total monthly income equals $2,393/mo, and annual cash flow comes to $4,395/yr on $94,476 invested. Return on cash invested is 24.56% in year one, and rental yield stands at 10.08% on a $284,995 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,739 by year five. Five-year ROI measures 129.03% and total cumulative return in cash reaches $121,901. For financing, Ziffy Mortgage’s DSCR program evaluates $2,393/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78596, Weslaco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,934 (100%) |
| Owner Occupied HU | 9,484 (56.0%) |
| Renter Occupied HU | 4,091 (24.2%) |
| Vacant Housing Units | 3,359 (19.8%) |
| Median Home Value | $137,699 |
| Average Home Value | $177,708 |
Housing Distribution
Address Breakdown
Residential
15,945
Single Family
13,864
Multi-Family
2,081
Businesses
1,272
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