310 W 7th StLos FresnosTX78566
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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 Los Fresnos at 310 W 7th St, Los Fresnos, TX, 78566 generates $1,181/mo in rent and, after a $729/mo payment, leaves $122/mo in cash flow. Total monthly income is $1,181/mo, and annual cash flow is $1,461/yr on $49,394 invested. Return on cash invested sits at 22.87% in year one, and rental yield is 9.51% on a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 119.9% and total cumulative return in cash sums $59,224. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,181/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
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
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Listed by: Sandra S. Saenz • Red Door Real Estate Services
Mls Name: Greater McAllen AOR
Mls ID: #465641
Disclaimer: Listing information is deemed reliable, but not guaranteed.