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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 701 W Falcon Ave, Pharr, TX, 78577 generates $1,892/mo in rent and, after a $1,175/mo payment, leaves $185/mo in cash flow. Total monthly income is $1,892/mo, and annual cash flow is $2,220/yr on $79,560 invested. Return on cash invested sits at 22.7% in year one, and rental yield is 9.46% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 119.01% and total cumulative return in cash sums $94,682. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,892/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
6,438 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Misael Blanco • Exp Realty Llc
Mls Name: Greater McAllen AOR
Mls ID: #482894
