2901 Teresa AveMcAllenTX78503
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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 2901 Teresa Ave, McAllen, TX, 78503 uses $82,212 cash to close to unlock $1,707/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $1,906/mo, and a $1,214/mo payment keeps the spread at $142/mo. Purchase price stands at $248,000, and rental yield measures 9.22% with $1,906/mo rent. Return on cash invested shows 21.99% in year one, and 5% annual appreciation builds toward $68,518 over five years. Five-year ROI reaches 115.23% and total cumulative return in cash records $94,734. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,906/mo property income covering a $1,214/mo payment rather than investor’s personal income.
Single Family
Built in 2019
5,767 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78503, Mcallen, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,402
Single Family
7,116
Multi-Family
1,286
Businesses
1,609
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