9502 Mile 20 NEdcouchTX78538
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 Edcouch at 9502 Mile 20 N, Edcouch, TX, 78538 uses $81,218 cash to close to unlock $4,679/yr annual cash flow and $390/mo monthly cash flow. Total monthly income runs $2,132/mo, and a $1,199/mo payment keeps the spread at $390/mo. Purchase price stands at $245,000, and rental yield measures 10.44% with $2,132/mo rent. Return on cash invested shows 25.67% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 134.96% and total cumulative return in cash records $109,608. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,132/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Manufactured
Built in 2021
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78538, Edcouch, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,586 (100%) |
| Owner Occupied HU | 3,303 (72.0%) |
| Renter Occupied HU | 877 (19.1%) |
| Vacant Housing Units | 406 ( 8.9%) |
| Median Home Value | $119,912 |
| Average Home Value | $159,826 |
Housing Distribution
Address Breakdown
Residential
2,830
Single Family
2,830
Multi-Family
0
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices