6830 Vera LnMercedesTX78570
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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 Mercedes at 6830 Vera Ln, Mercedes, TX, 78570 earns $124/mo cash flow from $1,859/mo rent with a $1,194/mo payment. Total monthly income totals $1,859/mo, and annual cash flow totals $1,490/yr on $80,886 capital. ROI tracks 21.75% on current figures, and rental yield reads 9.14% at a $244,000 purchase. Equity gained on principal adds $1,574/yr, and 5% annual appreciation supports $67,413 over five years. Five-year ROI reaches 113.97% and total cumulative return in cash sums $92,182. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,859/mo property income instead of your personal income.
Single Family
Built in 2019
7,005 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78570, Mercedes, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,532 (100%) |
| Owner Occupied HU | 7,290 (63.2%) |
| Renter Occupied HU | 2,762 (24.0%) |
| Vacant Housing Units | 1,480 (12.8%) |
| Median Home Value | $105,549 |
| Average Home Value | $140,885 |
Housing Distribution
Address Breakdown
Residential
10,075
Single Family
9,093
Multi-Family
982
Businesses
683
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Listed by: Jatziry Martinez • Access Realty RGV
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29764050
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.