6 Harbor PointLaguna VistaTX78578
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
Investment property for sale in Laguna Vista at 6 Harbor Point, Laguna Vista, TX, 78578 listed at $590,000 pairs $3,472/mo rent with a $2,888/mo payment. Total monthly income runs $3,472/mo. Return on cash invested measures 11.37% in year one, and rental yield registers 7.06% at a $590,000 basis. Equity gained on principal adds $3,807/yr, and annual property appreciation at 5% supports $163,006 by year five. Five-year ROI tracks 59.78% and total cumulative return in cash totals $116,032. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,472/mo property income relative to a $2,888/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2004
N/A lot
$N/A/sqft
$682 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anabel Rodriguez • Encore Fine Properties
Mls Name: Greater McAllen AOR
Mls ID: #458197
Disclaimer: Listing information is deemed reliable, but not guaranteed.