7421 S Colorado Ln, Pharr, TX, 78577 | 8.08% Rental Yield

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7421 S Colorado Ln, Pharr, TX, 78577 | 8.08% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Pharr at 7421 S Colorado Ln, Pharr, TX, 78577 listed at $144,000 pairs $970/mo rent with a $705/mo payment. Total monthly income runs $970/mo. Return on cash invested measures 18.55% in year one, and rental yield registers 8.08% at a $144,000 basis. Equity gained on principal adds $929/yr, and annual property appreciation at 5% supports $39,785 by year five. Five-year ROI tracks 96.74% and total cumulative return in cash totals $46,182. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $970/mo property income relative to a $705/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1987

6,599 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this adorable remodeled pier-and-beam home brimming with character & thoughtful updates. Sitting on a generous, fully fenced lot shaded by a beautiful oak tree, this property offers both charm & utility in one package. Inside, youll find an inviting open concept layout that has been tastefully remodeled & comes complete with appliances, making it move in ready. Outside there's a wide paved driveway with a large entrance, perfect for parking 18-wheeler trucks or multiple vehicles with ease. In the back yard there's a fully powered shed with electricity, lighting, & water, plus a stackable washer/dryer included with the home. Endless possibilities to transform the shed into a man cave, she shed, studio, or even an extra living space. This property has tons of potential to expand while already offering the perfect setup for practical living. If youre looking for location, functionality, and opportunity in one property, this home delivers it all. Schedule your showing today.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78577, Pharr, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	29,728 (100%)
Owner Occupied HU	15,997 (53.8%)
Renter Occupied HU	9,877 (33.2%)
Vacant Housing Units	3,854 (13.0%)
Median Home Value	$138,178
Average Home Value	$174,875