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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% |
Rental property for sale in Pharr at 114 W Albatross Ave, Pharr, TX, 78577 offers $1,039/mo rent that, after a $1,909/mo payment. Total monthly income is $1,039/mo. Return on cash invested measures 2.59% in year one, and rental yield stands at 3.2% at a $390,009 entry. Equity gained on principal adds $2,517/yr while 5% annual appreciation compounds into $107,752 by year five. Five-year ROI records 11.65% and total cumulative return in cash reaches $15,059. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,039/mo property income versus a $1,909/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 2019
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78577, Pharr, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,728 (100%) |
| Owner Occupied HU | 15,997 (53.8%) |
| Renter Occupied HU | 9,877 (33.2%) |
| Vacant Housing Units | 3,854 (13.0%) |
| Median Home Value | $138,178 |
| Average Home Value | $174,875 |
Residential
27,906
Single Family
23,156
Multi-Family
4,750
Businesses
2,398
Date | Event | Price |
|---|---|---|
| 2025-05-03 | Listed for sale | $390,009 |
| 2022-04-14 | Listing removed | N/A |
| 2021-12-16 | Pending sale | $1,650,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-03 | $8046.30 | 0.07% | $300,000 | N/A |
| 2023-05-03 | $8040.60 | -5.68% | $300,000 | -1.29% |
| 2022-05-03 | $8524.80 | 9.10% | $303,925 | 11.10% |
Listed by: Esmeralda Rubi Torres • Keller Williams Realty Rgv
Mls Name: Greater McAllen AOR
Mls ID: #469828
Disclaimer: Listing information is deemed reliable, but not guaranteed.
