720 N Retama StLa 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
Rental property for sale in La Feria at 720 N Retama St, La Feria, TX, 78559 generates $1,416/mo in rent and, after a $876/mo payment, leaves $143/mo in cash flow. Total monthly income is $1,416/mo, and annual cash flow is $1,719/yr on $59,339 invested. Return on cash invested sits at 22.81% in year one, and rental yield is 9.49% on a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 119.66% and total cumulative return in cash sums $71,007. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,416/mo property income rather than buyer’s personal income.
Manufactured
Built in 1989
10,018 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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