








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 McAllen at 2724 Vanessa Ave, McAllen, TX, 78503 generates $1,558/mo in rent and, after a $830/mo payment, leaves $352/mo in cash flow. Total monthly income is $1,558/mo, and annual cash flow is $4,227/yr on $56,189 invested. Return on cash invested sits at 27.43% in year one, and rental yield is 11.03% on a $169,500 entry. Equity gained on principal adds $1,094/yr, while 5% annual appreciation builds toward $46,830 over five years. Five-year ROI reaches 144.47% and total cumulative return in cash sums $81,176. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,558/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
5,388 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78503, Mcallen, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,420 (100%) |
| Owner Occupied HU | 4,842 (51.4%) |
| Renter Occupied HU | 3,426 (36.4%) |
| Vacant Housing Units | 1,152 (12.2%) |
| Median Home Value | $174,361 |
| Average Home Value | $221,958 |
Residential
8,402
Single Family
7,116
Multi-Family
1,286
Businesses
1,609
Date | Event | Price |
|---|---|---|
| 2024-12-12 | Listed for sale | $169,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $151,612 | 8.82% |
| 2023-12-27 | $1637.22 | -21.84% | $139,326 | 10.00% |
| 2022-12-27 | $2094.65 | 0.38% | $126,660 | 10.00% |



Listed by: Nina A. Garza • Effective Real Estate
Mls Name: Greater McAllen AOR
Mls ID: #456253
Disclaimer: Listing information is deemed reliable, but not guaranteed.