6349 N Mile 4 WWeslacoTX78599
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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 Weslaco at 6349 N Mile 4 W, Weslaco, TX, 78599 uses $82,544 cash to close to unlock $61/yr annual cash flow and $5/mo monthly cash flow. Total monthly income runs $1,776/mo, and a $1,219/mo payment keeps the spread at $5/mo. Purchase price stands at $249,000, and rental yield measures 8.56% with $1,776/mo rent. Return on cash invested shows 19.98% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 104.49% and total cumulative return in cash records $86,252. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,776/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 1995
0.50 Acres 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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Listed by: Ricardo Benavides • KELLER WILLIAMS LRGV
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29764112
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.