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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% |
Rental property for sale in Pharr at 1503 W Heritage Dr, Pharr, TX, 78577 priced at $495,000 converts $1,884/mo rent into after a $2,423/mo obligation. Total monthly income equals $1,884/mo. Return on cash invested prints 7.64% in year one, and rental yield reads 4.57% against a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation compiles into $136,759 by year five. Five-year ROI reaches 38.38% and total cumulative return in cash sums $62,986. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,884/mo property income covering a $2,423/mo payment, not borrower’s personal income.
Multi Family
Built in 2021
9,199 sqft lot
$N/A/sqft
$500 annually 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 |
|---|---|---|
| 2025-05-16 | Listed for sale | $495,000 |
| 2025-04-22 | Listing removed | $495,000 |
| 2025-03-20 | Price change | $495,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Cassandra Rodriguez • Living In South Texas Realty
Mls Name: Greater McAllen AOR
Mls ID: #471496
Disclaimer: Listing information is deemed reliable, but not guaranteed.
