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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 3005 Palo Blanco St, Hidalgo, TX, 78557 priced at $239,900 converts $1,680/mo rent into after a $1,174/mo obligation. Total monthly income equals $1,680/mo. Return on cash invested prints 19.52% in year one, and rental yield reads 8.4% against a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation compiles into $66,280 by year five. Five-year ROI reaches 102.03% and total cumulative return in cash sums $81,139. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,680/mo property income covering a $1,174/mo payment, not borrower’s personal income.
Single Family
Built in 2024
6,534 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 |
|---|---|---|
| 2024-12-16 | Price change | $239,900 |
| 2024-12-04 | Price change | $247,000 |
| 2024-09-11 | Listed for sale | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Manny De Leon • Big Realty
Mls Name: Greater McAllen AOR
Mls ID: #449123
Disclaimer: Listing information is deemed reliable, but not guaranteed.
