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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 McAllen at 3113 S Casa Linda St, McAllen, TX, 78503 generates $1,747/mo in rent and, after a $1,101/mo payment, leaves $147/mo in cash flow. Total monthly income is $1,747/mo, and annual cash flow is $1,767/yr on $74,588 invested. Return on cash invested sits at 22.28% in year one, and rental yield is 9.32% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 116.8% and total cumulative return in cash sums $87,117. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,747/mo property income rather than buyer’s personal income.
Townhouse
Built in 1991
2,099 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78503, Mcallen, TX area.
| 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 |
Residential
8,402
Single Family
7,116
Multi-Family
1,286
Businesses
1,609
Date | Event | Price |
|---|---|---|
| 2024-07-03 | Price change | $225,000 |
| 2024-06-28 | Listed for sale | $245,000 |
| 2002-03-14 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $1319.91 | -26.27% | $122,585 | 10.00% |
| 2022-08-31 | $1790.27 | -0.64% | $111,441 | 10.00% |
| 2021-08-31 | $1801.82 | N/A | $101,310 | 10.00% |
Listed by: Monica Guerra • Re/Max Platinum
Mls Name: Greater McAllen AOR
Mls ID: #442907
Disclaimer: Listing information is deemed reliable, but not guaranteed.
