415 Madrid CtSan BenitoTX78586
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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 San Benito at 415 Madrid Ct, San Benito, TX, 78586 at $215,000 posts ROI 26.57% with $395/mo cash flow from $1,924/mo rent. Total monthly income equals $1,924/mo, and annual cash flow records $4,745/yr on $71,273 to close. Return on cash invested measures 26.57% and rental yield reads 10.74% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 139.78% and total cumulative return in cash totals $99,625.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,924/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
8,564 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78586, San Benito, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,442 (100%) |
| Owner Occupied HU | 12,011 (65.1%) |
| Renter Occupied HU | 4,164 (22.6%) |
| Vacant Housing Units | 2,267 (12.3%) |
| Median Home Value | $109,128 |
| Average Home Value | $153,769 |
Housing Distribution
Address Breakdown
Residential
15,098
Single Family
14,184
Multi-Family
914
Businesses
862
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Listed by: Daniel Haro • V.I.P. REALTY
Mls Name: RGVMLS
Mls ID: #29770664