609 El Toro AveSullivan 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
Rental property for sale in Sullivan City at 609 El Toro Ave, Sullivan City, TX, 78595 priced at $195,000 converts $1,526/mo rent into $140/mo cash flow after a $954/mo obligation. Total monthly income equals $1,526/mo, and annual cash flow totals $1,677/yr on $64,643 invested. Return on cash invested prints 22.5% in year one, and rental yield reads 9.39% against a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,875 by year five. Five-year ROI reaches 117.97% and total cumulative return in cash sums $76,258. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,526/mo property income covering a $954/mo payment, not borrower’s personal income.
Single Family
Built in 2022
1.00 Acres 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: Colby Aguirre • Big Realty
Mls Name: Greater McAllen AOR
Mls ID: #460061
Disclaimer: Listing information is deemed reliable, but not guaranteed.