424 Colorado DrSan BenitoTX78586
Nearby investment properties with comparable rents
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 424 Colorado Dr, San Benito, TX, 78586 at $240,000 posts ROI 26.55% with $440/mo cash flow from $2,147/mo rent. Total monthly income equals $2,147/mo, and annual cash flow records $5,280/yr on $79,560 to close. Return on cash invested measures 26.55% and rental yield reads 10.73% at the current $240,000. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 by year five. Five-year ROI prints 139.63% and total cumulative return in cash totals $111,086.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,147/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2012
6,263 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: Munoz Real Estate Group • KELLER WILLIAMS LRGV
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29764001
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.