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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 Pharr at 306 Ohara Dr, Pharr, TX, 78577 with 5% annual appreciation on a $254,900 basis while $2,009/mo rent supports operations. Total monthly income totals $2,009/mo and a $1,248/mo payment preserves $128/mo for cash returns. Annual cash flow comes to $1,533/yr on $84,499 deployed, and return on cash invested reaches 21.72% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,424 alongside rental yield of 9.46%. Five-year ROI measures 114.12% and total cumulative return in cash totals $96,432.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,009/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
3,998 sqft lot
$N/A/sqft
$40 monthly HOA
Neighborhood data shown for ZIP Code: 78577, Pharr, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,728 (100%) |
| Owner Occupied HU | 15,997 (53.8%) |
| Renter Occupied HU | 9,877 (33.2%) |
| Vacant Housing Units | 3,854 (13.0%) |
| Median Home Value | $138,178 |
| Average Home Value | $174,875 |
Residential
27,906
Single Family
23,156
Multi-Family
4,750
Businesses
2,398
Date | Event | Price |
|---|---|---|
| 2025-02-02 | Listed for sale | $254,900 |
| 2025-02-01 | Listing removed | $254,900 |
| 2025-01-03 | Price change | $254,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $166,943 | -2.08% |
| 2023-02-13 | $4569.60 | 14.77% | $170,495 | 20.11% |
| 2022-02-13 | $3981.51 | 13.97% | $141,948 | 16.06% |
Listed by: Alan Marquez • Encore Fine Properties
Mls Name: Greater McAllen AOR
Mls ID: #460450
Disclaimer: Listing information is deemed reliable, but not guaranteed.
