92 Santa Elena LnRio Grande CityTX78582
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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 Rio Grande City at 92 Santa Elena Ln, Rio Grande City, TX, 78582 uses $64,643 cash to close to unlock $1,521/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $1,513/mo, and a $954/mo payment keeps the spread at $127/mo. Purchase price stands at $195,000, and rental yield measures 9.31% with $1,513/mo rent. Return on cash invested shows 22.26% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 116.67% and total cumulative return in cash records $75,418. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,513/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 2012
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78582, Rio Grande City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,287 (100%) |
| Owner Occupied HU | 10,203 (66.7%) |
| Renter Occupied HU | 3,208 (21.0%) |
| Vacant Housing Units | 1,876 (12.3%) |
| Median Home Value | $120,548 |
| Average Home Value | $158,569 |
Housing Distribution
Address Breakdown
Residential
12,792
Single Family
12,247
Multi-Family
545
Businesses
942
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Listed by: Rebeca Cantu • Dominion Real Estate
Mls Name: Greater McAllen AOR
Mls ID: #473435
Disclaimer: Listing information is deemed reliable, but not guaranteed.