729 Winddrift StHarlingenTX78550
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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 Harlingen at 729 Winddrift St, Harlingen, TX, 78550 priced at $232,000 converts $2,831/mo rent into $1,125/mo cash flow after a $1,136/mo obligation. Total monthly income equals $2,831/mo, and annual cash flow totals $13,496/yr on $76,908 invested. Return on cash invested prints 37.46% in year one, and rental yield reads 14.64% against a $232,000 entry. Equity gained on principal adds $1,497/yr, while 5% annual appreciation compiles into $64,097 by year five. Five-year ROI reaches 198.5% and total cumulative return in cash sums $152,663. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,831/mo property income covering a $1,136/mo payment, not borrower’s personal income.
Single Family
Built in 1991
7,352 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78550, Harlingen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,670 (100%) |
| Owner Occupied HU | 10,629 (46.9%) |
| Renter Occupied HU | 9,732 (42.9%) |
| Vacant Housing Units | 2,309 (10.2%) |
| Median Home Value | $143,489 |
| Average Home Value | $174,244 |
Housing Distribution
Address Breakdown
Residential
20,733
Single Family
17,132
Multi-Family
3,601
Businesses
2,347
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