307 E 6th StLos FresnosTX78566
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
Rental property for sale in Los Fresnos at 307 E 6th St, Los Fresnos, TX, 78566 offers $2,370/mo rent that, after a $1,297/mo payment, leaves $486/mo cash flow. Total monthly income is $2,370/mo, and annual cash flow is $5,827/yr on $87,848 cash. Return on cash invested measures 26.54% in year one, and rental yield stands at 10.73% at a $265,000 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,215 by year five. Five-year ROI records 139.65% and total cumulative return in cash reaches $122,679. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,370/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78566, Los Fresnos, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,082 (100%) |
| Owner Occupied HU | 5,509 (68.2%) |
| Renter Occupied HU | 1,741 (21.5%) |
| Vacant Housing Units | 832 (10.3%) |
| Median Home Value | $195,583 |
| Average Home Value | $229,252 |
Housing Distribution
Address Breakdown
Residential
7,490
Single Family
7,490
Multi-Family
0
Businesses
341
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa J. Martinez • KELLER WILLIAMS LRGV
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29762836
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.