712 Toronto AveMcallenTX78503
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 712 Toronto Ave, Mcallen, TX, 78503 with 5% annual appreciation on a $880,000 basis while $1,266/mo rent supports operations. 63% in year one. Equity gained on principal adds $5,679/yr, and five-year appreciation sums $243,128 alongside rental yield of 1.73%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,266/mo property income versus a $4,307/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78503, Mcallen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,420 (100%) |
| Owner Occupied HU | 4,842 (51.4%) |
| Renter Occupied HU | 3,426 (36.4%) |
| Vacant Housing Units | 1,152 (12.2%) |
| Median Home Value | $174,361 |
| Average Home Value | $221,958 |
Housing Distribution
Address Breakdown
Residential
8,402
Single Family
7,116
Multi-Family
1,286
Businesses
1,609
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Listed by: Esteban Flores • Effective Real Estate, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #44784828
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