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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 Pharr at 1402 W Longoria St, Pharr, TX, 78577 offers a 9.73% rental yield on a $222,000 purchase with $1,800/mo rent. Total monthly income registers $1,800/mo, and a $1,087/mo payment leaves $221/mo available for distribution. Annual cash flow reaches $2,651/yr on $73,593 to close, and return on cash invested stands at 23.51% in year one. Equity gained on principal adds $1,433/yr while 5% annual appreciation supports $61,335 over five years. Portfolio math shows five-year ROI at 123.37% and total cumulative return in cash at $90,795. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $1,087/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
5,998 sqft 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 |
|---|---|---|
| 2025-03-14 | Listed for sale | $222,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Arturo (Diego) Martinez • Dtm Realty, Llc
Mls Name: Greater McAllen AOR
Mls ID: #465253
Disclaimer: Listing information is deemed reliable, but not guaranteed.
