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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 2111 Ithica Ave, Hidalgo, TX, 78557 with 5% annual appreciation on a $205,000 basis while $2,002/mo rent supports operations. Total monthly income totals $2,002/mo and a $1,003/mo payment preserves $454/mo for cash returns. Annual cash flow comes to $5,448/yr on $67,958 deployed, and return on cash invested reaches 27.93% in year one. Equity gained on principal adds $1,323/yr, and five-year appreciation sums $56,638 alongside rental yield of 11.72%. Five-year ROI measures 147.7% and total cumulative return in cash totals $100,374.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,002/mo property income versus a $1,003/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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 |
|---|---|---|
| 2024-11-19 | Listed for sale | $205,000 |
| 2024-09-23 | Listing removed | $200,000 |
| 2024-09-03 | Listed for sale | $200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $185,004 | -0.85% |
| 2023-12-27 | $4488.83 | 4.39% | $186,599 | 8.50% |
| 2022-12-27 | $4299.91 | 15.93% | $171,976 | 18.26% |
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Listed by: Gladys I Ramos • Re/Max Elite
Mls Name: Greater McAllen AOR
Mls ID: #454078
Disclaimer: Listing information is deemed reliable, but not guaranteed.
