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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 Weslaco at 2516 Stevia Dr, Weslaco, TX, 78596 at $265,000 posts ROI 26.95% with $516/mo cash flow from $2,400/mo rent. Total monthly income equals $2,400/mo, and annual cash flow records $6,187/yr on $87,848 to close. Return on cash invested measures 26.95% and rental yield reads 10.87% at the current $265,000. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 by year five. Five-year ROI prints 141.84% and total cumulative return in cash totals $124,599.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
5,244 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78596, Weslaco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,934 (100%) |
| Owner Occupied HU | 9,484 (56.0%) |
| Renter Occupied HU | 4,091 (24.2%) |
| Vacant Housing Units | 3,359 (19.8%) |
| Median Home Value | $137,699 |
| Average Home Value | $177,708 |
Residential
15,945
Single Family
13,864
Multi-Family
2,081
Businesses
1,272
Date | Event | Price |
|---|---|---|
| 2024-10-30 | Listed for sale | $265,000 |
| 2024-06-21 | Listing removed | N/A |
| 2024-06-20 | Price change | $268,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $142,004 | 603.06% |
| 2023-02-13 | $510.49 | N/A | $20,198 | N/A |
Listed by: Joshua I. Benavides • Big Realty
Mls Name: Greater McAllen AOR
Mls ID: #452288
Disclaimer: Listing information is deemed reliable, but not guaranteed.
