925 N Iowa AveBrownsvilleTX78521
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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
Rental property for sale in Brownsville at 925 N Iowa Ave, Brownsville, TX, 78521 generates $1,440/mo in rent, after a $8,810/mo payment. Total monthly income is $1,440/mo. Return on cash invested sits at -3% in year one, and rental yield is 0.96% on a $1,800,000 entry. Equity gained on principal adds $11,615/yr, while 5% annual appreciation builds toward $497,307 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Multi Family
Built in 2023
1.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78521, Brownsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,648 (100%) |
| Owner Occupied HU | 16,501 (52.1%) |
| Renter Occupied HU | 12,640 (39.9%) |
| Vacant Housing Units | 2,507 ( 7.9%) |
| Median Home Value | $113,948 |
| Average Home Value | $165,419 |
Housing Distribution
Address Breakdown
Residential
30,662
Single Family
25,891
Multi-Family
4,771
Businesses
2,790
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Listed by: Narda C. Vera • Texas Land Trade Realty, LLC
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29750477
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.