2704 Cardinal AveMcAllenTX78504
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in McAllen at 2704 Cardinal Ave, McAllen, TX, 78504 with 5% annual appreciation on a $372,000 basis while $3,550/mo rent supports operations. Total monthly income totals $3,550/mo and a $1,821/mo payment preserves $904/mo for cash returns. Annual cash flow comes to $10,853/yr on $123,318 deployed, and return on cash invested reaches 28.71% in year one. Equity gained on principal adds $2,400/yr, and five-year appreciation sums $102,777 alongside rental yield of 11.45%. Five-year ROI measures 151.26% and total cumulative return in cash totals $186,537.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,550/mo property income versus a $1,821/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
8,167 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78504, Mcallen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,981 (100%) |
| Owner Occupied HU | 14,971 (68.1%) |
| Renter Occupied HU | 5,753 (26.2%) |
| Vacant Housing Units | 1,257 ( 5.7%) |
| Median Home Value | $224,388 |
| Average Home Value | $263,654 |
Housing Distribution
Address Breakdown
Residential
22,123
Single Family
19,065
Multi-Family
3,058
Businesses
2,269
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