504 Benito StRio 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
Rental property for sale in Rio Grande City at 504 Benito St, Rio Grande City, TX, 78582 generates $2,030/mo in rent and, after a $1,126/mo payment, leaves $394/mo in cash flow. Total monthly income is $2,030/mo, and annual cash flow is $4,730/yr on $76,245 invested. Return on cash invested sits at 26.11% in year one, and rental yield is 10.59% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 137.38% and total cumulative return in cash sums $104,743. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,030/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
5,998 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Samantha L. Cuevas • Encore Fine Properties
Mls Name: Greater McAllen AOR
Mls ID: #464883
Disclaimer: Listing information is deemed reliable, but not guaranteed.