501 Granjeno AveHarlingenTX78552
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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
Rental property for sale in Harlingen at 501 Granjeno Ave, Harlingen, TX, 78552 priced at $100,000 converts $773/mo rent into $62/mo cash flow after a $489/mo obligation. Total monthly income equals $773/mo, and annual cash flow totals $748/yr on $33,150 invested. Return on cash invested prints 22.17% in year one, and rental yield reads 9.28% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 116.25% and total cumulative return in cash sums $38,536. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $773/mo property income covering a $489/mo payment, not borrower’s personal income.
Single Family
Built in 1957
8,025 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78552, Harlingen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,154 (100%) |
| Owner Occupied HU | 10,887 (67.4%) |
| Renter Occupied HU | 3,097 (19.2%) |
| Vacant Housing Units | 2,170 (13.4%) |
| Median Home Value | $200,940 |
| Average Home Value | $229,638 |
Housing Distribution
Address Breakdown
Residential
13,840
Single Family
13,132
Multi-Family
708
Businesses
622
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