32522 Olive DrSan BenitoTX78586
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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 San Benito at 32522 Olive Dr, San Benito, TX, 78586 offers a 9.58% rental yield on a $149,000 purchase with $1,190/mo rent. Total monthly income registers $1,190/mo, and a $729/mo payment leaves $131/mo available for distribution. Annual cash flow reaches $1,569/yr on $49,394 to close, and return on cash invested stands at 23.08% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 121.12% and total cumulative return in cash at $59,824. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,190/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
6,251 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78586, San Benito, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,442 (100%) |
| Owner Occupied HU | 12,011 (65.1%) |
| Renter Occupied HU | 4,164 (22.6%) |
| Vacant Housing Units | 2,267 (12.3%) |
| Median Home Value | $109,128 |
| Average Home Value | $153,769 |
Housing Distribution
Address Breakdown
Residential
15,098
Single Family
14,184
Multi-Family
914
Businesses
862
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Listed by: Julie R Cerda • CENTURY 21 JOHNSTON COMPANY
Mls Name: RGVMLS
Mls ID: #29770584