609 Diaz AveZapataTX78076
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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 Zapata at 609 Diaz Ave, Zapata, TX, 78076 uses $34,808 cash to close to unlock $30,927/yr annual cash flow and $2,577/mo monthly cash flow. Total monthly income runs $3,324/mo, and a $514/mo payment keeps the spread at $2,577/mo. Purchase price stands at $105,000, and rental yield measures 37.99% with $3,324/mo rent. Return on cash invested shows 108.76% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 580.6% and total cumulative return in cash records $202,094. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,324/mo property income covering a $514/mo payment rather than investor’s personal income.
Multi Family
Built in 1993
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78076, Zapata, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,833 (100%) |
| Owner Occupied HU | 3,383 (58.0%) |
| Renter Occupied HU | 918 (15.7%) |
| Vacant Housing Units | 1,532 (26.3%) |
| Median Home Value | $109,464 |
| Average Home Value | $178,795 |
Housing Distribution
Address Breakdown
Residential
5,154
Single Family
5,154
Multi-Family
0
Businesses
350
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Listed by: Rolando Gonzalez • Keller Williams Laredo
Mls Name: LAR
Mls Provider:
Mls ID: #20243547
Disclaimer: 2024 Laredo Multiple Listing Service. Information is deemed to be reliable but not guaranteed. Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.