402 Newport AveEdinburgTX78539
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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 Edinburg at 402 Newport Ave, Edinburg, TX, 78539 with 5% annual appreciation on a $475,000 basis while $1,561/mo rent supports operations. 28% in year one. Equity gained on principal adds $3,065/yr, and five-year appreciation sums $131,234 alongside rental yield of 3.94%. Five-year ROI measures 25.9% and total cumulative return in cash totals $40,783. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,561/mo property income versus a $2,325/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 2019
10,702 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78539, Edinburg, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,886 (100%) |
| Owner Occupied HU | 7,987 (50.3%) |
| Renter Occupied HU | 6,497 (40.9%) |
| Vacant Housing Units | 1,402 ( 8.8%) |
| Median Home Value | $240,217 |
| Average Home Value | $267,915 |
Housing Distribution
Address Breakdown
Residential
14,742
Single Family
13,893
Multi-Family
849
Businesses
1,937
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