500 N 7th StMcAllenTX78501
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 500 N 7th St, McAllen, TX, 78501 uses $48,068 cash to close to unlock $1,339/yr annual cash flow and $112/mo monthly cash flow. Total monthly income runs $1,143/mo, and a $710/mo payment keeps the spread at $112/mo. Purchase price stands at $145,000, and rental yield measures 9.46% with $1,143/mo rent. Return on cash invested shows 22.69% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 119.02% and total cumulative return in cash records $57,212. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,143/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1975
7,762 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78501, Mcallen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,633 (100%) |
| Owner Occupied HU | 11,771 (44.2%) |
| Renter Occupied HU | 11,969 (44.9%) |
| Vacant Housing Units | 2,893 (10.9%) |
| Median Home Value | $182,269 |
| Average Home Value | $208,656 |
Housing Distribution
Address Breakdown
Residential
24,170
Single Family
19,817
Multi-Family
4,353
Businesses
4,074
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices