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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 Hidalgo at 1502 Las Palmas Ave, Hidalgo, TX, 78557 at $240,000 posts ROI 27.86% with $527/mo cash flow from $2,234/mo rent. Total monthly income equals $2,234/mo, and annual cash flow records $6,324/yr on $79,560 to close. Return on cash invested measures 27.86% and rental yield reads 11.17% at the current $240,000. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 by year five. Five-year ROI prints 146.67% and total cumulative return in cash totals $116,690.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,234/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
6,690 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78557, Hidalgo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,383 (100%) |
| Owner Occupied HU | 3,208 (73.2%) |
| Renter Occupied HU | 931 (21.2%) |
| Vacant Housing Units | 244 ( 5.6%) |
| Median Home Value | $182,615 |
| Average Home Value | $200,906 |
Residential
3,624
Single Family
3,520
Multi-Family
104
Businesses
546
Date | Event | Price |
|---|---|---|
| 2024-10-24 | Price change | $240,000 |
| 2024-10-22 | Price change | $246,000 |
| 2024-08-06 | Price change | $248,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jisella Ortiz • Monarca Real Estate Group Llc
Mls Name: Greater McAllen AOR
Mls ID: #442611
Disclaimer: Listing information is deemed reliable, but not guaranteed.
