








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Pharr at 6807 Otono St, Pharr, TX, 78577 uses $59,670 cash to close to unlock $2,686/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $1,582/mo, and a $881/mo payment keeps the spread at $224/mo. Purchase price stands at $180,000, and rental yield measures 10.55% with $1,582/mo rent. Return on cash invested shows 24.41% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 128.76% and total cumulative return in cash records $76,829. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,582/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 2001
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78577, Pharr, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,728 (100%) |
| Owner Occupied HU | 15,997 (53.8%) |
| Renter Occupied HU | 9,877 (33.2%) |
| Vacant Housing Units | 3,854 (13.0%) |
| Median Home Value | $138,178 |
| Average Home Value | $174,875 |
Residential
27,906
Single Family
23,156
Multi-Family
4,750
Businesses
2,398
Date | Event | Price |
|---|---|---|
| 2024-09-19 | Listed for sale | $180,000 |
| 2012-08-07 | Sold | N/A |
| 2011-01-29 | Listed for sale | $85,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $145,280 | -0.79% |
| 2023-02-13 | $3924.97 | 3.16% | $146,443 | 7.96% |
| 2022-02-13 | $3804.74 | 23.30% | $135,646 | 25.57% |



Listed by: Michelle Deleon • Housekey Realty
Mls Name: Greater McAllen AOR
Mls ID: #449704
Disclaimer: Listing information is deemed reliable, but not guaranteed.