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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% |
Investment property for sale in Weslaco at 2900 Charlie Rd, Weslaco, TX, 78596 listed at $485,000 pairs $1,652/mo rent with a $2,374/mo payment. Total monthly income runs $1,652/mo. Return on cash invested measures 6.5% in year one, and rental yield registers 4.09% at a $485,000 basis. Equity gained on principal adds $3,130/yr, and annual property appreciation at 5% supports $133,997 by year five. Five-year ROI tracks 32.13% and total cumulative return in cash totals $51,650. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,652/mo property income relative to a $2,374/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 2024
9,173 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-10-11 | Price change | $485,000 |
| 2024-04-02 | Price change | $490,000 |
| 2024-03-29 | Listed for sale | $465,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jisella Ortiz • Monarca Real Estate Group Llc
Mls Name: Greater McAllen AOR
Mls ID: #432612
Disclaimer: Listing information is deemed reliable, but not guaranteed.
