305 S Pecan StRio Grande CityTX78582
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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 Rio Grande City at 305 S Pecan St, Rio Grande City, TX, 78582 listed at $179,000 pairs $1,670/mo rent with a $876/mo payment to leave $397/mo cash flow. Total monthly income runs $1,670/mo, and annual cash flow reaches $4,767/yr on $59,339 cash to close. Return on cash invested measures 27.94% in year one, and rental yield registers 11.2% at a $179,000 basis. Equity gained on principal adds $1,155/yr, and annual property appreciation at 5% supports $49,454 by year five. Five-year ROI tracks 147.19% and total cumulative return in cash totals $87,339. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,670/mo property income relative to a $876/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
6,899 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78582, Rio Grande City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,287 (100%) |
| Owner Occupied HU | 10,203 (66.7%) |
| Renter Occupied HU | 3,208 (21.0%) |
| Vacant Housing Units | 1,876 (12.3%) |
| Median Home Value | $120,548 |
| Average Home Value | $158,569 |
Housing Distribution
Address Breakdown
Residential
12,792
Single Family
12,247
Multi-Family
545
Businesses
942
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Listed by: Michael J. Ramey • Coldwell Banker La Mansion
Mls Name: Greater McAllen AOR
Mls ID: #474727
Disclaimer: Listing information is deemed reliable, but not guaranteed.