704 Zelma StWeslacoTX78596
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 Weslaco at 704 Zelma St, Weslaco, TX, 78596 offers $1,585/mo rent that, after a $1,028/mo payment, leaves $92/mo cash flow. Total monthly income is $1,585/mo, and annual cash flow is $1,098/yr on $69,615 cash. Return on cash invested measures 21.49% in year one, and rental yield stands at 9.06% at a $210,000 entry. Equity gained on principal adds $1,355/yr while 5% annual appreciation compounds into $58,019 by year five. Five-year ROI records 112.53% and total cumulative return in cash reaches $78,340. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,585/mo property income versus a $1,028/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
9,286 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78596, Weslaco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,934 (100%) |
| Owner Occupied HU | 9,484 (56.0%) |
| Renter Occupied HU | 4,091 (24.2%) |
| Vacant Housing Units | 3,359 (19.8%) |
| Median Home Value | $137,699 |
| Average Home Value | $177,708 |
Housing Distribution
Address Breakdown
Residential
15,945
Single Family
13,864
Multi-Family
2,081
Businesses
1,272
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices