3004 Diaz 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 3004 Diaz Ave, McAllen, TX, 78503 with 5% annual appreciation on a $210,000 basis while $1,768/mo rent supports operations. Total monthly income totals $1,768/mo and a $1,028/mo payment preserves $275/mo for cash returns. Annual cash flow comes to $3,294/yr on $69,615 deployed, and return on cash invested reaches 24.64% in year one. Equity gained on principal adds $1,355/yr, and five-year appreciation sums $58,019 alongside rental yield of 10.1%. Five-year ROI measures 129.46% and total cumulative return in cash totals $90,124.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,768/mo property income versus a $1,028/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
5,018 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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