1500 Thunderbird AveMcAllenTX78504
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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 1500 Thunderbird Ave, McAllen, TX, 78504 priced at $249,900 pairs $2,170/mo rent with $393/mo cash flow after a $1,223/mo payment. Total monthly income equals $2,170/mo, and annual cash flow comes to $4,717/yr on $82,842 invested. Return on cash invested is 25.6% in year one, and rental yield stands at 10.42% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 134.65% and total cumulative return in cash reaches $111,542. For financing, Ziffy Mortgage’s DSCR program evaluates $2,170/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
6,982 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78504, Mcallen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,981 (100%) |
| Owner Occupied HU | 14,971 (68.1%) |
| Renter Occupied HU | 5,753 (26.2%) |
| Vacant Housing Units | 1,257 ( 5.7%) |
| Median Home Value | $224,388 |
| Average Home Value | $263,654 |
Housing Distribution
Address Breakdown
Residential
22,123
Single Family
19,065
Multi-Family
3,058
Businesses
2,269
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