201 Chris LnMcAllenTX78503
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 201 Chris Ln, McAllen, TX, 78503 priced at $685,000 pairs $3,576/mo rent with after a $3,353/mo payment. Total monthly income equals $3,576/mo. Return on cash invested is 13.16% in year one, and rental yield stands at 6.26% on a $685,000 basis. Equity gained on principal adds $4,420/yr, and 5% annual appreciation accumulates to $189,253 by year five. Five-year ROI measures 67.86% and total cumulative return in cash reaches $152,926. For financing, Ziffy Mortgage’s DSCR program evaluates $3,576/mo property income against a $3,353/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
0.71 Acres lot
$N/A/sqft
No 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