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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 2013 Diamond Head Ave, Hidalgo, TX, 78557 offers a 10.34% rental yield on a $195,000 purchase with $1,680/mo rent. Total monthly income registers $1,680/mo, and a $954/mo payment leaves $294/mo available for distribution. Annual cash flow reaches $3,525/yr on $64,643 to close, and return on cash invested stands at 25.36% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 133.32% and total cumulative return in cash at $86,182. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,680/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
6,002 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 |
|---|---|---|
| 2024-12-05 | Listed for sale | $195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Janet Magana • Tnt Real Estate
Mls Name: Greater McAllen AOR
Mls ID: #456113
Disclaimer: Listing information is deemed reliable, but not guaranteed.
