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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 McAllen at 2805 Norma Ave, McAllen, TX, 78503 offers $1,502/mo rent that, after a $1,031/mo payment, leaves $4/mo cash flow. Total monthly income is $1,502/mo, and annual cash flow is $47/yr on $69,847 cash. Return on cash invested measures 19.98% in year one, and rental yield stands at 8.55% at a $210,700 entry. Equity gained on principal adds $1,360/yr while 5% annual appreciation compounds into $58,213 by year five. Five-year ROI records 104.42% and total cumulative return in cash reaches $72,931. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,502/mo property income versus a $1,031/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
6,420 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 |
|---|---|---|
| 2025-06-23 | Listing removed | $225,000 |
| 2025-05-19 | Price change | $225,000 |
| 2025-05-05 | Listed for sale | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-14 | $957.18 | 1.48% | $159,744 | 10.00% |
| 2023-10-14 | $943.20 | -40.92% | $145,222 | 10.00% |
| 2022-10-14 | $1596.52 | 0.62% | $132,020 | 10.00% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
