716 W Spruce AveLa FeriaTX78559
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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 La Feria at 716 W Spruce Ave, La Feria, TX, 78559 earns from $932/mo rent with a $563/mo payment. Total monthly income totals $932/mo. ROI tracks 18.95% on current figures, and rental yield reads 9.73% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 100.6% and total cumulative return in cash sums $38,349. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $932/mo property income instead of your personal income.
Single Family
Built in 1980
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78559, La Feria, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,441 (100%) |
| Owner Occupied HU | 3,332 (61.2%) |
| Renter Occupied HU | 1,127 (20.7%) |
| Vacant Housing Units | 982 (18.0%) |
| Median Home Value | $149,171 |
| Average Home Value | $183,703 |
Housing Distribution
Address Breakdown
Residential
4,447
Single Family
4,422
Multi-Family
25
Businesses
290
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Listed by: Armando Ibarra • EXP Realty, LLC
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29758588
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.