519 E Roosevelt StWeslacoTX78599
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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
Rental property for sale in Weslaco at 519 E Roosevelt St, Weslaco, TX, 78599 priced at $234,500 converts $1,883/mo rent into $215/mo cash flow after a $1,148/mo obligation. Total monthly income equals $1,883/mo, and annual cash flow totals $2,582/yr on $77,737 invested. Return on cash invested prints 23.23% in year one, and rental yield reads 9.64% against a $234,500 entry. Equity gained on principal adds $1,513/yr, while 5% annual appreciation compiles into $64,788 by year five. Five-year ROI reaches 121.92% and total cumulative return in cash sums $94,780. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,883/mo property income covering a $1,148/mo payment, not borrower’s personal income.
Single Family
Built in 1991
6,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78599, Weslaco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,801 (100%) |
| Owner Occupied HU | 7,532 (69.7%) |
| Renter Occupied HU | 2,542 (23.5%) |
| Vacant Housing Units | 727 ( 6.7%) |
| Median Home Value | $164,659 |
| Average Home Value | $183,359 |
Housing Distribution
Address Breakdown
Residential
10,336
Single Family
9,769
Multi-Family
567
Businesses
733
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