613 Escandon AveRancho ViejoTX78575
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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 Rancho Viejo at 613 Escandon Ave, Rancho Viejo, TX, 78575 offers $4,136/mo rent that, after a $2,619/mo payment, leaves $331/mo cash flow. Total monthly income is $4,136/mo, and annual cash flow is $3,973/yr on $176,015 cash. Return on cash invested measures 22.32% in year one, and rental yield stands at 9.28% at a $535,000 entry. Equity gained on principal adds $3,452/yr while 5% annual appreciation compounds into $147,811 by year five. Five-year ROI records 116.97% and total cumulative return in cash reaches $205,888. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,136/mo property income versus a $2,619/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78575, Olmito, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,963 (100%) |
| Owner Occupied HU | 1,766 (59.6%) |
| Renter Occupied HU | 695 (23.5%) |
| Vacant Housing Units | 502 (16.9%) |
| Median Home Value | $265,753 |
| Average Home Value | $304,388 |
Housing Distribution
Address Breakdown
Residential
2,621
Single Family
2,256
Multi-Family
365
Businesses
208
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Listed by: Cecilia Gonzales • Re/Max Elite
Mls Name: Greater McAllen AOR
Mls ID: #486491