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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 2620 Stevia Dr, Weslaco, TX, 78596 offers $2,430/mo rent that, after a $1,273/mo payment, leaves $564/mo cash flow. Total monthly income is $2,430/mo, and annual cash flow is $6,768/yr on $86,190 cash. Return on cash invested measures 27.76% in year one, and rental yield stands at 11.22% at a $260,000 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 146.22% and total cumulative return in cash reaches $126,029. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,430/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
5,244 sqft lot
$N/A/sqft
$200 annually 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 |
|---|---|---|
| 2025-07-16 | Price change | $260,000 |
| 2025-06-30 | Price change | $259,000 |
| 2025-05-30 | Price change | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-16 | $3772.49 | 638.99% | $148,916 | 637.28% |
| 2023-07-16 | $510.49 | N/A | $20,198 | N/A |
Listed by: Jesus Robert De Leon • Housekey Realty
Mls Name: Greater McAllen AOR
Mls ID: #476109
Disclaimer: Listing information is deemed reliable, but not guaranteed.
