3738 NE Rey David DrBrownsvilleTX78521
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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 3738 NE Rey David Dr, Brownsville, TX, 78521 generates $1,578/mo in rent and, after a $976/mo payment, leaves $160/mo in cash flow. Total monthly income is $1,578/mo, and annual cash flow is $1,917/yr on $66,134 invested. Return on cash invested sits at 22.81% in year one, and rental yield is 9.49% on a $199,500 entry. Equity gained on principal adds $1,287/yr, while 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 119.6% and total cumulative return in cash sums $79,099. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,578/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
5,558 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78521, Brownsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,648 (100%) |
| Owner Occupied HU | 16,501 (52.1%) |
| Renter Occupied HU | 12,640 (39.9%) |
| Vacant Housing Units | 2,507 ( 7.9%) |
| Median Home Value | $113,948 |
| Average Home Value | $165,419 |
Housing Distribution
Address Breakdown
Residential
30,662
Single Family
25,891
Multi-Family
4,771
Businesses
2,790
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Listed by: Hortencia Cisneros • WALKER REALTY
Mls Name: RGVMLS
Mls ID: #29769798