5007 E Us Highway 83Rio Grande CityTX78582
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 Rio Grande City at 5007 E Us Highway 83, Rio Grande City, TX, 78582 earns from $860/mo rent with a $7,342/mo payment. Total monthly income totals $860/mo. ROI tracks -3.84% on current figures, and rental yield reads 0.69% at a $1,500,000 purchase. Equity gained on principal adds $9,679/yr, and 5% annual appreciation supports $414,422 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $860/mo property income instead of your personal income.
Multi Family
Built in 2005
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78582, Rio Grande City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,287 (100%) |
| Owner Occupied HU | 10,203 (66.7%) |
| Renter Occupied HU | 3,208 (21.0%) |
| Vacant Housing Units | 1,876 (12.3%) |
| Median Home Value | $120,548 |
| Average Home Value | $158,569 |
Housing Distribution
Address Breakdown
Residential
12,792
Single Family
12,247
Multi-Family
545
Businesses
942
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Listed by: Joe Ramirez • Linda Vista Real Estate, Llc
Mls Name: Greater McAllen AOR
Mls ID: #483860