313 McFadden Dr #2BrownsvilleTX78520
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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 313 McFadden Dr #2, Brownsville, TX, 78520 generates $1,170/mo in rent and, after a $626/mo payment, leaves $97/mo in cash flow. Total monthly income is $1,170/mo, and annual cash flow is $1,161/yr on $42,366 invested. Return on cash invested sits at 22.65% in year one, and rental yield is 10.99% on a $127,800 entry. Equity gained on principal adds $825/yr, while 5% annual appreciation builds toward $35,309 over five years. Five-year ROI reaches 120.46% and total cumulative return in cash sums $51,032. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,170/mo property income rather than buyer’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
$164 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78520, Brownsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,636 (100%) |
| Owner Occupied HU | 13,131 (53.3%) |
| Renter Occupied HU | 8,713 (35.4%) |
| Vacant Housing Units | 2,792 (11.3%) |
| Median Home Value | $155,608 |
| Average Home Value | $184,983 |
Housing Distribution
Address Breakdown
Residential
22,749
Single Family
19,416
Multi-Family
3,333
Businesses
2,104
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Listed by: Breann Fay Nelson • Encore Fine Properties
Mls Name: Greater McAllen AOR
Mls ID: #469592
Disclaimer: Listing information is deemed reliable, but not guaranteed.