51 Shore DrHarlingenTX78552
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 Harlingen at 51 Shore Dr, Harlingen, TX, 78552 priced at $137,400 pairs $1,049/mo rent with $71/mo cash flow after a $673/mo payment. Total monthly income equals $1,049/mo, and annual cash flow comes to $857/yr on $45,548 invested. Return on cash invested is 21.79% in year one, and rental yield stands at 9.16% on a $137,400 basis. Equity gained on principal adds $887/yr, and 5% annual appreciation accumulates to $37,961 by year five. Five-year ROI measures 114.23% and total cumulative return in cash reaches $52,030. For financing, Ziffy Mortgage’s DSCR program evaluates $1,049/mo property income against a $673/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2019
6,500 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices