115 E Augusta Sq NMcAllenTX78503
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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 115 E Augusta Sq N, McAllen, TX, 78503 priced at $665,000 converts $5,688/mo rent into $921/mo cash flow after a $3,255/mo obligation. Total monthly income equals $5,688/mo, and annual cash flow totals $11,057/yr on $218,785 invested. Return on cash invested prints 25.11% in year one, and rental yield reads 10.26% against a $665,000 entry. Equity gained on principal adds $4,291/yr, while 5% annual appreciation compiles into $183,727 by year five. Five-year ROI reaches 132.02% and total cumulative return in cash sums $288,835. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,688/mo property income covering a $3,255/mo payment, not borrower’s personal income.
Single Family
Built in 1991
0.31 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78503, Mcallen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,420 (100%) |
| Owner Occupied HU | 4,842 (51.4%) |
| Renter Occupied HU | 3,426 (36.4%) |
| Vacant Housing Units | 1,152 (12.2%) |
| Median Home Value | $174,361 |
| Average Home Value | $221,958 |
Housing Distribution
Address Breakdown
Residential
8,402
Single Family
7,116
Multi-Family
1,286
Businesses
1,609
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