3218 Noble DrBrownsvilleTX78526
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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 3218 Noble Dr, Brownsville, TX, 78526 priced at $415,000 pairs $3,790/mo rent with $593/mo cash flow after a $2,031/mo payment. Total monthly income equals $3,790/mo, and annual cash flow comes to $7,118/yr on $137,573 invested. Return on cash invested is 25.08% in year one, and rental yield stands at 10.96% on a $415,000 basis. Equity gained on principal adds $2,678/yr, and 5% annual appreciation accumulates to $114,657 by year five. Five-year ROI measures 132.6% and total cumulative return in cash reaches $182,421. For financing, Ziffy Mortgage’s DSCR program evaluates $3,790/mo property income against a $2,031/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
0.34 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78526, Brownsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,771 (100%) |
| Owner Occupied HU | 12,046 (67.8%) |
| Renter Occupied HU | 4,447 (25.0%) |
| Vacant Housing Units | 1,278 ( 7.2%) |
| Median Home Value | $194,815 |
| Average Home Value | $225,875 |
Housing Distribution
Address Breakdown
Residential
18,264
Single Family
16,923
Multi-Family
1,341
Businesses
1,051
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Listed by: Debbie Alford • Realty One Group, Modern Edge
Mls Name: SPIBOR
Mls ID: #100789
Disclaimer: Information provided by South Padre Island BOR is deemed reliable but not guaranteed. South Padre Island BOR data is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.