1324 La Cantera AveMcAllenTX78503
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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
Investment property for sale in McAllen at 1324 La Cantera Ave, McAllen, TX, 78503 listed at $385,000 pairs $2,738/mo rent with a $1,884/mo payment. Total monthly income runs $2,738/mo. Return on cash invested measures 19.52% in year one, and rental yield registers 8.53% at a $385,000 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,368 by year five. Five-year ROI tracks 102.12% and total cumulative return in cash totals $130,330. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,738/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2010
8,585 sqft lot
$N/A/sqft
$500 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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