318 Merida DrDonnaTX78537
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Donna at 318 Merida Dr, Donna, TX, 78537 uses $71,273 cash to close to unlock $1,397/yr annual cash flow and $116/mo monthly cash flow. Total monthly income runs $1,645/mo, and a $1,052/mo payment keeps the spread at $116/mo. Purchase price stands at $215,000, and rental yield measures 9.18% with $1,645/mo rent. Return on cash invested shows 21.87% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 114.61% and total cumulative return in cash records $81,685. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,645/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 2025
5,832 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78537, Donna, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,454 (100%) |
| Owner Occupied HU | 11,661 (63.2%) |
| Renter Occupied HU | 3,896 (21.1%) |
| Vacant Housing Units | 2,897 (15.7%) |
| Median Home Value | $88,249 |
| Average Home Value | $132,106 |
Housing Distribution
Address Breakdown
Residential
15,721
Single Family
14,656
Multi-Family
1,065
Businesses
756
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices