806 Beanka DrLa FeriaTX78559
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
Investment property for sale in La Feria at 806 Beanka Dr, La Feria, TX, 78559 uses $94,444 cash to close to unlock $3,138/yr annual cash flow and $261/mo monthly cash flow. Total monthly income runs $2,287/mo, and a $1,394/mo payment keeps the spread at $261/mo. Purchase price stands at $284,900, and rental yield measures 9.63% with $2,287/mo rent. Return on cash invested shows 23.23% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 121.89% and total cumulative return in cash records $115,115. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,287/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Single Family
Built in 2024
6,865 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices