5708 Providence Ave #AMcAllenTX78504
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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 5708 Providence Ave #A, McAllen, TX, 78504 offers a 10.74% rental yield on a $181,000 purchase with $1,620/mo rent. Total monthly income registers $1,620/mo, and a $886/mo payment leaves $333/mo available for distribution. Annual cash flow reaches $3,993/yr on $60,002 to close, and return on cash invested stands at 26.56% in year one. Equity gained on principal adds $1,168/yr while 5% annual appreciation supports $50,007 over five years. Portfolio math shows five-year ROI at 139.75% and total cumulative return in cash at $83,851. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,620/mo property income against a $886/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
9,940 sqft lot
$N/A/sqft
No 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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