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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 Pharr at 700 W Las Milpas Rd, Pharr, TX, 78577 priced at $339,999 pairs $3,062/mo rent with $644/mo cash flow after a $1,664/mo payment. Total monthly income equals $3,062/mo, and annual cash flow comes to $7,732/yr on $112,710 invested. Return on cash invested is 26.77% in year one, and rental yield stands at 10.81% on a $339,999 basis. Equity gained on principal adds $2,194/yr, and 5% annual appreciation accumulates to $93,935 by year five. Five-year ROI measures 140.86% and total cumulative return in cash reaches $158,766. For financing, Ziffy Mortgage’s DSCR program evaluates $3,062/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
1.42 Acres 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 |
|---|---|---|
| 2024-10-03 | Listed for sale | $339,999 |
| 2010-09-10 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $216,353 | -2.12% |
| 2023-02-13 | $2080.97 | -36.72% | $221,036 | 10.00% |
| 2022-02-13 | $3288.56 | 1.06% | $200,942 | 10.38% |
Listed by: Yolanda B. Gonzalez • Effective Real Estate
Mls Name: Greater McAllen AOR
Mls ID: #449546
Disclaimer: Listing information is deemed reliable, but not guaranteed.
