408 E Gardenia AveHidalgoTX78557
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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 Hidalgo at 408 E Gardenia Ave, Hidalgo, TX, 78557 earns $229/mo cash flow from $1,061/mo rent with a $573/mo payment. Total monthly income totals $1,061/mo, and annual cash flow totals $2,744/yr on $38,786 capital. ROI tracks 26.98% on current figures, and rental yield reads 10.88% at a $117,000 purchase. Equity gained on principal adds $755/yr, and 5% annual appreciation supports $32,325 over five years. Five-year ROI reaches 142.05% and total cumulative return in cash sums $55,093. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,061/mo property income instead of your personal income.
Single Family
Built in 1980
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78557, Hidalgo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,383 (100%) |
| Owner Occupied HU | 3,208 (73.2%) |
| Renter Occupied HU | 931 (21.2%) |
| Vacant Housing Units | 244 ( 5.6%) |
| Median Home Value | $182,615 |
| Average Home Value | $200,906 |
Housing Distribution
Address Breakdown
Residential
3,624
Single Family
3,520
Multi-Family
104
Businesses
546
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