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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in La Feria at 315 N Drift St, La Feria, TX, 78559 at $214,000 posts ROI 24.62% with $279/mo cash flow from $1,800/mo rent. Total monthly income equals $1,800/mo, and annual cash flow records $3,344/yr on $70,941 to close. Return on cash invested measures 24.62% and rental yield reads 10.09% at the current $214,000. Equity gained on principal adds $1,381/yr, and 5% annual appreciation supports $59,124 by year five. Five-year ROI prints 129.35% and total cumulative return in cash totals $91,763.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,800/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
6,988 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78559, La Feria, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,441 (100%) |
| Owner Occupied HU | 3,332 (61.2%) |
| Renter Occupied HU | 1,127 (20.7%) |
| Vacant Housing Units | 982 (18.0%) |
| Median Home Value | $149,171 |
| Average Home Value | $183,703 |
Residential
4,447
Single Family
4,422
Multi-Family
25
Businesses
290
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Chris Gonzalez • GRT Realty
Mls Name: RGVMLS
Mls ID: #29770710
