519 E 3rd StSullivan CityTX78595
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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 Sullivan City at 519 E 3rd St, Sullivan City, TX, 78595 listed at $140,000 pairs $1,367/mo rent with a $685/mo payment to leave $372/mo cash flow. Total monthly income runs $1,367/mo, and annual cash flow reaches $4,460/yr on $46,410 cash to close. Return on cash invested measures 29.52% in year one, and rental yield registers 11.72% at a $140,000 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,679 by year five. Five-year ROI tracks 155.63% and total cumulative return in cash totals $72,226. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,367/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78595, Sullivan City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,221 (100%) |
| Owner Occupied HU | 1,684 (75.8%) |
| Renter Occupied HU | 315 (14.2%) |
| Vacant Housing Units | 222 ( 10.0%) |
| Median Home Value | $87,481 |
| Average Home Value | $120,643 |
Housing Distribution
Address Breakdown
Residential
1,527
Single Family
1,527
Multi-Family
0
Businesses
49
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Listed by: Fernando Reyes • Sendero Realty
Mls Name: Greater McAllen AOR
Mls ID: #482365