515 Florence LnBrownsvilleTX78520
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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
Investment property for sale in Brownsville at 515 Florence Ln, Brownsville, TX, 78520 uses $43,095 cash to close to unlock $2,206/yr annual cash flow and $184/mo monthly cash flow. Total monthly income runs $1,108/mo, and a $636/mo payment keeps the spread at $184/mo. Purchase price stands at $130,000, and rental yield measures 10.23% with $1,108/mo rent. Return on cash invested shows 25.03% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 131.49% and total cumulative return in cash records $56,667. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,108/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1976
4,846 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78520, Brownsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,636 (100%) |
| Owner Occupied HU | 13,131 (53.3%) |
| Renter Occupied HU | 8,713 (35.4%) |
| Vacant Housing Units | 2,792 (11.3%) |
| Median Home Value | $155,608 |
| Average Home Value | $184,983 |
Housing Distribution
Address Breakdown
Residential
22,749
Single Family
19,416
Multi-Family
3,333
Businesses
2,104
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Listed by: Bruno Zavaleta • Zavaleta Realty, LLC
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29763695
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.