3118 Primrose DrWeslacoTX78596
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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 Weslaco at 3118 Primrose Dr, Weslaco, TX, 78596 priced at $120,000 converts $1,309/mo rent into $456/mo cash flow after a $587/mo obligation. Total monthly income equals $1,309/mo, and annual cash flow totals $5,472/yr on $39,780 invested. Return on cash invested prints 33.66% in year one, and rental yield reads 13.09% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 177.79% and total cumulative return in cash sums $70,723. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,309/mo property income covering a $587/mo payment, not borrower’s personal income.
Manufactured
Built in 2019
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78596, Weslaco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,934 (100%) |
| Owner Occupied HU | 9,484 (56.0%) |
| Renter Occupied HU | 4,091 (24.2%) |
| Vacant Housing Units | 3,359 (19.8%) |
| Median Home Value | $137,699 |
| Average Home Value | $177,708 |
Housing Distribution
Address Breakdown
Residential
15,945
Single Family
13,864
Multi-Family
2,081
Businesses
1,272
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