31 Casa De PalmasBrownsvilleTX78521
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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 Brownsville at 31 Casa De Palmas, Brownsville, TX, 78521 priced at $325,000 converts $1,859/mo rent into after a $1,591/mo obligation. Total monthly income equals $1,859/mo. Return on cash invested prints 14.87% in year one, and rental yield reads 6.86% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 77.03% and total cumulative return in cash sums $82,993. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,859/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 1974
9,491 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78521, Brownsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,648 (100%) |
| Owner Occupied HU | 16,501 (52.1%) |
| Renter Occupied HU | 12,640 (39.9%) |
| Vacant Housing Units | 2,507 ( 7.9%) |
| Median Home Value | $113,948 |
| Average Home Value | $165,419 |
Housing Distribution
Address Breakdown
Residential
30,662
Single Family
25,891
Multi-Family
4,771
Businesses
2,790
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Listed by: Adriana Rangel • Summit Properties
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29758428
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.