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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Alamo at 1038 Loma Dr, Alamo, TX, 78516 offers a 7.89% rental yield on a $292,000 purchase with $1,920/mo rent. 97% in year one. Equity gained on principal adds $1,884/yr while 5% annual appreciation supports $80,674 over five years. Portfolio math shows five-year ROI at 93.67% and total cumulative return in cash at $90,668. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $1,429/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
8,986 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78516, Alamo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,392 (100%) |
| Owner Occupied HU | 8,244 (61.6%) |
| Renter Occupied HU | 2,527 (18.9%) |
| Vacant Housing Units | 2,621 (19.6%) |
| Median Home Value | $126,098 |
| Average Home Value | $147,718 |
Residential
11,558
Single Family
10,219
Multi-Family
1,339
Businesses
541
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Eric Sanchez • Big Realty
Mls Name: Greater McAllen AOR
Mls ID: #482542
