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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 Hidalgo at 202 N 16th St, Hidalgo, TX, 78557 generates $2,221/mo in rent and, after a $1,209/mo payment, leaves $304/mo in cash flow. Total monthly income is $2,221/mo, and annual cash flow is $3,648/yr on $81,881 invested. Return on cash invested sits at 24.36% in year one, and rental yield is 10.79% on a $247,000 entry. Equity gained on principal adds $1,594/yr, while 5% annual appreciation builds toward $68,242 over five years. Five-year ROI reaches 128.78% and total cumulative return in cash sums $105,448. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,221/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
6,529 sqft lot
$N/A/sqft
$350 annually 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 |
|---|---|---|
| 2024-12-21 | Listed for sale | $247,000 |
| 2024-12-06 | Listing removed | $247,000 |
| 2024-06-12 | Listed for sale | $247,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $235,966 | N/A |
| 2023-02-13 | $5676.40 | 12.70% | $235,966 | 17.14% |
| 2022-02-13 | $5036.58 | 22.32% | $201,439 | 24.78% |
Listed by: David Vasquez • Encore Fine Properties
Mls Name: Greater McAllen AOR
Mls ID: #457187
Disclaimer: Listing information is deemed reliable, but not guaranteed.
