2813 Kilgore 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 2813 Kilgore Ave, McAllen, TX, 78504 offers a 9.64% rental yield on a $350,000 purchase with $2,813/mo rent. Total monthly income registers $2,813/mo, and a $1,713/mo payment leaves $324/mo available for distribution. Annual cash flow reaches $3,890/yr on $116,025 to close, and return on cash invested stands at 23.26% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 122.05% and total cumulative return in cash at $141,614. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,813/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
6,591 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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Listed by: Maggie Harris • KELLER WILLIAMS REALTY RIO GRANDE VALLEY
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29752420
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.