3509 Pebble Beach DrHarlingenTX78550
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
Rental property for sale in Harlingen at 3509 Pebble Beach Dr, Harlingen, TX, 78550 priced at $420,000 converts $3,853/mo rent into $866/mo cash flow after a $2,056/mo obligation. Total monthly income equals $3,853/mo, and annual cash flow totals $10,392/yr on $139,230 invested. Return on cash invested prints 27.37% in year one, and rental yield reads 11.01% against a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,038 by year five. Five-year ROI reaches 144.06% and total cumulative return in cash sums $200,575. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,853/mo property income covering a $2,056/mo payment, not borrower’s personal income.
Single Family
Built in 1988
10,833 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78550, Harlingen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,670 (100%) |
| Owner Occupied HU | 10,629 (46.9%) |
| Renter Occupied HU | 9,732 (42.9%) |
| Vacant Housing Units | 2,309 (10.2%) |
| Median Home Value | $143,489 |
| Average Home Value | $174,244 |
Housing Distribution
Address Breakdown
Residential
20,733
Single Family
17,132
Multi-Family
3,601
Businesses
2,347
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Munoz Real Estate Group • KELLER WILLIAMS LRGV
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29764674
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.