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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 2109 Ithica Ave, Hidalgo, TX, 78557 listed at $265,000 pairs $2,018/mo rent with a $1,297/mo payment to leave $42/mo cash flow. Total monthly income runs $2,018/mo, and annual cash flow reaches $509/yr on $87,848 cash to close. Return on cash invested measures 20.49% in year one, and rental yield registers 9.14% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 107.64% and total cumulative return in cash totals $94,563. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,018/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
6,333 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 |
|---|---|---|
| 2024-08-20 | Listed for sale | $265,000 |
| 2010-08-21 | Listing removed | $104,995 |
| 2010-05-09 | Price change | $104,995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $226,249 | -0.90% |
| 2023-12-27 | $5492.17 | 4.89% | $228,308 | 9.02% |
| 2022-12-27 | $5235.95 | 14.35% | $209,413 | 16.65% |
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Listed by: Maribel Maldonado • Dominion Real Estate
Mls Name: Greater McAllen AOR
Mls ID: #447573
Disclaimer: Listing information is deemed reliable, but not guaranteed.
