5704 N 3rd StMcAllenTX78504
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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 5704 N 3rd St, McAllen, TX, 78504 offers a 10.96% rental yield on a $785,000 purchase with $7,171/mo rent. Total monthly income registers $7,171/mo, and a $3,842/mo payment leaves $1,464/mo available for distribution. Annual cash flow reaches $17,567/yr on $258,265 to close, and return on cash invested stands at 26.86% in year one. Equity gained on principal adds $5,065/yr while 5% annual appreciation supports $216,881 over five years. Portfolio math shows five-year ROI at 141.52% and total cumulative return in cash at $365,498. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,171/mo property income against a $3,842/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
10,188 sqft lot
$N/A/sqft
$375 quarterly 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
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