320 E Park AvePharrTX78577
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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 Pharr at 320 E Park Ave, Pharr, TX, 78577 with 5% annual appreciation on a $175,000 basis while $1,380/mo rent supports operations. Total monthly income totals $1,380/mo and a $857/mo payment preserves $135/mo for cash returns. Annual cash flow comes to $1,621/yr on $58,013 deployed, and return on cash invested reaches 22.7% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 9.46%. Five-year ROI measures 119.12% and total cumulative return in cash totals $69,103.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,380/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1979
8,320 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78577, Pharr, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,728 (100%) |
| Owner Occupied HU | 15,997 (53.8%) |
| Renter Occupied HU | 9,877 (33.2%) |
| Vacant Housing Units | 3,854 (13.0%) |
| Median Home Value | $138,178 |
| Average Home Value | $174,875 |
Housing Distribution
Address Breakdown
Residential
27,906
Single Family
23,156
Multi-Family
4,750
Businesses
2,398
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Listed by: Myra Garcia • RE/MAX Property Group
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29760948
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.