103 E Laurel AveMcAllenTX78501
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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 McAllen at 103 E Laurel Ave, McAllen, TX, 78501 priced at $165,000 pairs $1,421/mo rent with $247/mo cash flow after a $808/mo payment. Total monthly income equals $1,421/mo, and annual cash flow comes to $2,967/yr on $54,698 invested. Return on cash invested is 25.33% in year one, and rental yield stands at 10.33% on a $165,000 basis. Equity gained on principal adds $1,065/yr, and 5% annual appreciation accumulates to $45,586 by year five. Five-year ROI measures 133.21% and total cumulative return in cash reaches $72,863. For financing, Ziffy Mortgage’s DSCR program evaluates $1,421/mo property income against a $808/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1992
2,435 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78501, Mcallen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,633 (100%) |
| Owner Occupied HU | 11,771 (44.2%) |
| Renter Occupied HU | 11,969 (44.9%) |
| Vacant Housing Units | 2,893 (10.9%) |
| Median Home Value | $182,269 |
| Average Home Value | $208,656 |
Housing Distribution
Address Breakdown
Residential
24,170
Single Family
19,817
Multi-Family
4,353
Businesses
4,074
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