3118 Jacaranda DrHarlingenTX78550
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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 Harlingen at 3118 Jacaranda Dr, Harlingen, TX, 78550 with 5% annual appreciation on a $337,500 basis while $3,096/mo rent supports operations. Total monthly income totals $3,096/mo and a $1,652/mo payment preserves $696/mo for cash returns. Annual cash flow comes to $8,350/yr on $111,881 deployed, and return on cash invested reaches 27.37% in year one. Equity gained on principal adds $2,178/yr, and five-year appreciation sums $93,245 alongside rental yield of 11.01%. Five-year ROI measures 144.08% and total cumulative return in cash totals $161,197.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,096/mo property income versus a $1,652/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1982
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78550, Harlingen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,670 (100%) |
| Owner Occupied HU | 10,629 (46.9%) |
| Renter Occupied HU | 9,732 (42.9%) |
| Vacant Housing Units | 2,309 (10.2%) |
| Median Home Value | $143,489 |
| Average Home Value | $174,244 |
Housing Distribution
Address Breakdown
Residential
20,733
Single Family
17,132
Multi-Family
3,601
Businesses
2,347
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Listed by: Lolly Burns • LOLLY BURNS REAL ESTATE, LLC
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29764426
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.