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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 Weslaco at 1301 Ambrosia Dr, Weslaco, TX, 78596 priced at $244,500 converts $2,400/mo rent into $644/mo cash flow after a $1,197/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $7,732/yr on $81,052 invested. Return on cash invested prints 29.45% in year one, and rental yield reads 11.78% against a $244,500 entry. Equity gained on principal adds $1,578/yr, while 5% annual appreciation compiles into $67,551 by year five. Five-year ROI reaches 155.34% and total cumulative return in cash sums $125,903. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,197/mo payment, not borrower’s personal income.
Single Family
Built in 2004
5,998 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood data shown for ZIP Code: 78596, Weslaco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,934 (100%) |
| Owner Occupied HU | 9,484 (56.0%) |
| Renter Occupied HU | 4,091 (24.2%) |
| Vacant Housing Units | 3,359 (19.8%) |
| Median Home Value | $137,699 |
| Average Home Value | $177,708 |
Residential
15,945
Single Family
13,864
Multi-Family
2,081
Businesses
1,272
Date | Event | Price |
|---|---|---|
| 2024-07-30 | Price change | $244,500 |
| 2012-07-25 | Listed for sale | $129,000 |
| 2008-09-10 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $205,091 | 9.18% |
| 2023-02-13 | $3798.83 | -4.73% | $187,849 | 10.00% |
| 2022-02-13 | $3987.37 | 5.19% | $170,772 | 10.00% |
Listed by: Jeff Walker • Walker Realty
Mls Name: Greater McAllen AOR
Mls ID: #446143
Disclaimer: Listing information is deemed reliable, but not guaranteed.
