40 Cherokee StHarlingenTX78552
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
Investment property for sale in Harlingen at 40 Cherokee St, Harlingen, TX, 78552 earns $912/mo cash flow from $1,800/mo rent with a $611/mo payment. Total monthly income totals $1,800/mo, and annual cash flow totals $10,950/yr on $41,355 capital. ROI tracks 46.39% on current figures, and rental yield reads 17.31% at a $124,750 purchase. Equity gained on principal adds $805/yr, and 5% annual appreciation supports $34,466 over five years. Five-year ROI reaches 246.12% and total cumulative return in cash sums $101,782. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,800/mo property income instead of your personal income.
Single Family
Built in 1988
5,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78552, Harlingen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,154 (100%) |
| Owner Occupied HU | 10,887 (67.4%) |
| Renter Occupied HU | 3,097 (19.2%) |
| Vacant Housing Units | 2,170 (13.4%) |
| Median Home Value | $200,940 |
| Average Home Value | $229,638 |
Housing Distribution
Address Breakdown
Residential
13,840
Single Family
13,132
Multi-Family
708
Businesses
622
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices