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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 Weslaco at 2516 N Louisiana Ave, Weslaco, TX, 78599 generates $2,696/mo in rent and, after a $1,517/mo payment, leaves $259/mo in cash flow. Total monthly income is $2,696/mo, and annual cash flow is $3,103/yr on $102,765 invested. Return on cash invested sits at 22.93% in year one, and rental yield is 10.44% on a $309,999 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 121.24% and total cumulative return in cash sums $124,591. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,696/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
7,080 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78599, Weslaco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,801 (100%) |
| Owner Occupied HU | 7,532 (69.7%) |
| Renter Occupied HU | 2,542 (23.5%) |
| Vacant Housing Units | 727 ( 6.7%) |
| Median Home Value | $164,659 |
| Average Home Value | $183,359 |
Residential
10,336
Single Family
9,769
Multi-Family
567
Businesses
733
Date | Event | Price |
|---|---|---|
| 2024-09-24 | Price change | $2,750 |
| 2024-09-24 | Price change | $309,999 |
| 2024-08-20 | Price change | $319,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $282,973 | -9.98% |
| 2023-12-27 | $7944.94 | 12.68% | $314,352 | 14.12% |
| 2022-12-27 | $7050.73 | 111.88% | $275,462 | 115.18% |
Listed by: Ingrid Izaguirre • REIC, LLC.
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29761326
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
