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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 718 Monica Ave, Pharr, TX, 78577 priced at $249,900 pairs $2,099/mo rent with $24/mo cash flow after a $1,223/mo payment. Total monthly income equals $2,099/mo, and annual cash flow comes to $286/yr on $82,842 invested. Return on cash invested is 20.25% in year one, and rental yield stands at 10.08% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 107.47% and total cumulative return in cash reaches $89,030. For financing, Ziffy Mortgage’s DSCR program evaluates $2,099/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2013
9,021 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 |
|---|---|---|
| 2025-04-02 | Listed for sale | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-02 | $7728.06 | 11.60% | $326,107 | 10.00% |
| 2023-04-02 | $6924.98 | -2.27% | $296,461 | 10.00% |
| 2022-04-02 | $7086.00 | 5.85% | $269,510 | 10.00% |
Listed by: Greg Villarreal • Re/Max Platinum
Mls Name: Greater McAllen AOR
Mls ID: #466652
Disclaimer: Listing information is deemed reliable, but not guaranteed.
