716 Fir StRio Grande CityTX78582
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
Total monthly income runs $840/mo, and a $1,370/mo payment. Purchase price stands at $280,000, and rental yield measures 3.6% with $840/mo rent. Return on cash invested shows 5.03% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 24.3% and total cumulative return in cash records $22,557. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $840/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 2024
8,668 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78582, Rio Grande City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,287 (100%) |
| Owner Occupied HU | 10,203 (66.7%) |
| Renter Occupied HU | 3,208 (21.0%) |
| Vacant Housing Units | 1,876 (12.3%) |
| Median Home Value | $120,548 |
| Average Home Value | $158,569 |
Housing Distribution
Address Breakdown
Residential
12,792
Single Family
12,247
Multi-Family
545
Businesses
942
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Javier Canales • Cnc Realty Rgv, Llc
Mls Name: Greater McAllen AOR
Mls ID: #460662
Disclaimer: Listing information is deemed reliable, but not guaranteed.