415 3rd StLa JoyaTX78560
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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 La Joya at 415 3rd St, La Joya, TX, 78560 offers a 8.84% rental yield on a $155,000 purchase with $1,142/mo rent. Total monthly income registers $1,142/mo, and a $759/mo payment leaves $39/mo available for distribution. Annual cash flow reaches $473/yr on $51,383 to close, and return on cash invested stands at 20.83% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 109.02% and total cumulative return in cash at $56,020. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,142/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2023
2,317 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78560, La Joya, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,987 (100%) |
| Owner Occupied HU | 1,206 (60.7%) |
| Renter Occupied HU | 554 (27.9%) |
| Vacant Housing Units | 227 (11.4%) |
| Median Home Value | $119,742 |
| Average Home Value | $138,978 |
Housing Distribution
Address Breakdown
Residential
1,558
Single Family
1,558
Multi-Family
0
Businesses
110
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