705 S 6th AveEdinburgTX78539
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 Edinburg at 705 S 6th Ave, Edinburg, TX, 78539 generates $1,142/mo in rent and, after a $710/mo payment, leaves $111/mo in cash flow. Total monthly income is $1,142/mo, and annual cash flow is $1,327/yr on $48,068 invested. Return on cash invested sits at 22.67% in year one, and rental yield is 9.45% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 118.87% and total cumulative return in cash sums $57,140. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,142/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
7,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78539, Edinburg, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,886 (100%) |
| Owner Occupied HU | 7,987 (50.3%) |
| Renter Occupied HU | 6,497 (40.9%) |
| Vacant Housing Units | 1,402 ( 8.8%) |
| Median Home Value | $240,217 |
| Average Home Value | $267,915 |
Housing Distribution
Address Breakdown
Residential
14,742
Single Family
13,893
Multi-Family
849
Businesses
1,937
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices