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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% |
Total monthly income runs $840/mo, and a $2,687/mo payment. Purchase price stands at $549,000, and rental yield measures 1.84% with $840/mo rent. Return on cash invested shows -0.3% in year one, and 5% annual appreciation builds toward $151,679 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $840/mo property income covering a $2,687/mo payment rather than investor’s personal income.
Single Family
Built in 2022
2.16 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78579, Progreso, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 427 (100%) |
| Owner Occupied HU | 275 (64.4%) |
| Renter Occupied HU | 82 (19.2%) |
| Vacant Housing Units | 70 (16.4%) |
| Median Home Value | $77,000 |
| Average Home Value | $124,518 |
Residential
9
Single Family
9
Multi-Family
0
Businesses
47
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Derrick Galvan • Medina Real Estate - Weslaco
Mls Name: Greater McAllen AOR
Mls ID: #483767
