402 Pittman StHarlingenTX78550
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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 Harlingen at 402 Pittman St, Harlingen, TX, 78550 at $140,000 posts ROI 21.66% with $68/mo cash flow from $1,063/mo rent. Total monthly income equals $1,063/mo, and annual cash flow records $812/yr on $46,410 to close. Return on cash invested measures 21.66% and rental yield reads 9.11% at the current $140,000. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 by year five. Five-year ROI prints 113.48% and total cumulative return in cash totals $52,666.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,063/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1971
7,927 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
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