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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 Weslaco at 605 Daily Ave N, Weslaco, TX, 78596 priced at $215,000 converts $1,962/mo rent into $433/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,962/mo, and annual cash flow totals $5,201/yr on $71,273 invested. Return on cash invested prints 27.21% in year one, and rental yield reads 10.95% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 143.22% and total cumulative return in cash sums $102,073. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,962/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 2003
7,823 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78596, Weslaco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,934 (100%) |
| Owner Occupied HU | 9,484 (56.0%) |
| Renter Occupied HU | 4,091 (24.2%) |
| Vacant Housing Units | 3,359 (19.8%) |
| Median Home Value | $137,699 |
| Average Home Value | $177,708 |
Residential
15,945
Single Family
13,864
Multi-Family
2,081
Businesses
1,272
Date | Event | Price |
|---|---|---|
| 2024-11-16 | Price change | $215,000 |
| 2024-09-25 | Listed for sale | $229,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: David (Alec) Amador • Tnt Real Estate
Mls Name: Greater McAllen AOR
Mls ID: #450156
Disclaimer: Listing information is deemed reliable, but not guaranteed.
