699 Truman DrBrownsvilleTX78521
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Brownsville at 699 Truman Dr, Brownsville, TX, 78521 offers $1,505/mo rent that, after a $1,033/mo payment, leaves $4/mo cash flow. Total monthly income is $1,505/mo, and annual cash flow is $51/yr on $69,947 cash. Return on cash invested measures 19.98% in year one, and rental yield stands at 8.56% at a $211,000 entry. Equity gained on principal adds $1,362/yr while 5% annual appreciation compounds into $58,295 by year five. Five-year ROI records 104.5% and total cumulative return in cash reaches $73,097. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,505/mo property income versus a $1,033/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
6,542 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78521, Brownsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,648 (100%) |
| Owner Occupied HU | 16,501 (52.1%) |
| Renter Occupied HU | 12,640 (39.9%) |
| Vacant Housing Units | 2,507 ( 7.9%) |
| Median Home Value | $113,948 |
| Average Home Value | $165,419 |
Housing Distribution
Address Breakdown
Residential
30,662
Single Family
25,891
Multi-Family
4,771
Businesses
2,790
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Teresa Nunez • Key2Sold Realty
Mls Name: SPIBOR
Mls ID: #103617