507 W Clam CirPort IsabelTX78578
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 Port Isabel at 507 W Clam Cir, Port Isabel, TX, 78578 priced at $185,000 converts $1,423/mo rent into $108/mo cash flow after a $905/mo obligation. Total monthly income equals $1,423/mo, and annual cash flow totals $1,295/yr on $61,328 invested. Return on cash invested prints 22.02% in year one, and rental yield reads 9.23% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 115.37% and total cumulative return in cash sums $70,755. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,423/mo property income covering a $905/mo payment, not borrower’s personal income.
Manufactured
Built in 2017
2,487 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78578, Port Isabel, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,257 (100%) |
| Owner Occupied HU | 2,632 (42.1%) |
| Renter Occupied HU | 1,490 (23.8%) |
| Vacant Housing Units | 2,135 (34.1%) |
| Median Home Value | $320,382 |
| Average Home Value | $351,909 |
Housing Distribution
Address Breakdown
Residential
4,035
Single Family
4,002
Multi-Family
33
Businesses
329
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Listed by: Manon Gilbert • Tnt Real Estate
Mls Name: Greater McAllen AOR
Mls ID: #480790