89 Cortez AveRancho ViejoTX78575
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 Rancho Viejo at 89 Cortez Ave, Rancho Viejo, TX, 78575 at $525,000 posts ROI 22.85% with $402/mo cash flow from $4,136/mo rent. Total monthly income equals $4,136/mo, and annual cash flow records $4,827/yr on $172,725 to close. Return on cash invested measures 22.85% and rental yield reads 9.45% at the current $525,000. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 by year five. Five-year ROI prints 119.85% and total cumulative return in cash totals $207,009.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,136/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78575, Olmito, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,963 (100%) |
| Owner Occupied HU | 1,766 (59.6%) |
| Renter Occupied HU | 695 (23.5%) |
| Vacant Housing Units | 502 (16.9%) |
| Median Home Value | $265,753 |
| Average Home Value | $304,388 |
Housing Distribution
Address Breakdown
Residential
2,621
Single Family
2,256
Multi-Family
365
Businesses
208
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Listed by: Lourdes Gavito-Galonsky • KELLER WILLIAMS LRGV
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29756053
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.