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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 Hidalgo at 2909 E Palo Blanco Ave, Hidalgo, TX, 78557 offers $2,280/mo rent that, after a $2,056/mo payment. Total monthly income is $2,280/mo. Return on cash invested measures 13.82% in year one, and rental yield stands at 6.51% at a $420,000 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,038 by year five. Five-year ROI records 71.36% and total cumulative return in cash reaches $99,355. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,280/mo property income versus a $2,056/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,599 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78557, Hidalgo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,383 (100%) |
| Owner Occupied HU | 3,208 (73.2%) |
| Renter Occupied HU | 931 (21.2%) |
| Vacant Housing Units | 244 ( 5.6%) |
| Median Home Value | $182,615 |
| Average Home Value | $200,906 |
Residential
3,624
Single Family
3,520
Multi-Family
104
Businesses
546
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mayela Montenegro • Blue Diamond Realty Group Llc
Mls Name: Greater McAllen AOR
Mls ID: #483004
