1412 E Keeton Ave #25McAllenTX78503
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1412 E Keeton Ave #25, McAllen, TX, 78503 generates $1,154/mo in rent, after a $734/mo payment. Total monthly income is $1,154/mo. Return on cash invested sits at 15.39% in year one, and rental yield is 9.24% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 82.2% and total cumulative return in cash sums $40,847. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,154/mo property income rather than buyer’s personal income.
Condo
Built in 2008
3,014 sqft lot
$N/A/sqft
$275 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices