3100 Umar AveMcAllenTX78504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3100 Umar Ave, McAllen, TX, 78504 offers a 10.8% rental yield on a $274,999 purchase with $2,476/mo rent. Total monthly income registers $2,476/mo, and a $1,346/mo payment leaves $520/mo available for distribution. Annual cash flow reaches $6,245/yr on $91,162 to close, and return on cash invested stands at 26.76% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 140.81% and total cumulative return in cash at $128,363. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,476/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78504, Mcallen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,981 (100%) |
| Owner Occupied HU | 14,971 (68.1%) |
| Renter Occupied HU | 5,753 (26.2%) |
| Vacant Housing Units | 1,257 ( 5.7%) |
| Median Home Value | $224,388 |
| Average Home Value | $263,654 |
Housing Distribution
Address Breakdown
Residential
22,123
Single Family
19,065
Multi-Family
3,058
Businesses
2,269
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Arasely Esquivel • EXP Realty, LLC
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29765643
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.