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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 Pharr at 315 W Albatross Ave, Pharr, TX, 78577 offers $1,380/mo rent that, after a $1,958/mo payment. Total monthly income is $1,380/mo. Return on cash invested measures 3.96% in year one, and rental yield stands at 4.14% at a $400,000 entry. Equity gained on principal adds $2,581/yr while 5% annual appreciation compounds into $110,513 by year five. Five-year ROI records 19.51% and total cumulative return in cash reaches $25,864. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,380/mo property income versus a $1,958/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 2013
0.27 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-07-06 | Listed for sale | $400,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $380,358 | -0.15% |
| 2023-02-13 | $10209.66 | 22.54% | $380,929 | 28.25% |
| 2022-02-13 | $8331.45 | 8.38% | $297,032 | 10.37% |
Listed by: Rebeca Bermudez • TNT Real Estate
Mls Name: RGVMLS
Mls Provider:
Mls ID: #29755032
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.
