846 Garza StMercedesTX78570
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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 Mercedes at 846 Garza St, Mercedes, TX, 78570 uses $36,134 cash to close to unlock $3,845/yr annual cash flow and $320/mo monthly cash flow. Total monthly income runs $1,096/mo, and a $534/mo payment keeps the spread at $320/mo. Purchase price stands at $109,000, and rental yield measures 12.07% with $1,096/mo rent. Return on cash invested shows 30.55% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 161.2% and total cumulative return in cash records $58,246. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,096/mo property income covering a $534/mo payment rather than investor’s personal income.
Single Family
Built in 2000
5,601 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78570, Mercedes, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,532 (100%) |
| Owner Occupied HU | 7,290 (63.2%) |
| Renter Occupied HU | 2,762 (24.0%) |
| Vacant Housing Units | 1,480 (12.8%) |
| Median Home Value | $105,549 |
| Average Home Value | $140,885 |
Housing Distribution
Address Breakdown
Residential
10,075
Single Family
9,093
Multi-Family
982
Businesses
683
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