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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% |
Investment property for sale in Weslaco at 721 Tierra Prometida, Weslaco, TX, 78596 uses $79,560 cash to close to unlock $6,000/yr annual cash flow and $500/mo monthly cash flow. Total monthly income runs $2,207/mo, and a $1,175/mo payment keeps the spread at $500/mo. Purchase price stands at $240,000, and rental yield measures 11.04% with $2,207/mo rent. Return on cash invested shows 27.45% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 144.48% and total cumulative return in cash records $114,950. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,207/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 2006
6,050 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78596, Weslaco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,934 (100%) |
| Owner Occupied HU | 9,484 (56.0%) |
| Renter Occupied HU | 4,091 (24.2%) |
| Vacant Housing Units | 3,359 (19.8%) |
| Median Home Value | $137,699 |
| Average Home Value | $177,708 |
Residential
15,945
Single Family
13,864
Multi-Family
2,081
Businesses
1,272
Date | Event | Price |
|---|---|---|
| 2024-11-12 | Listed for sale | $240,000 |
| 2024-09-21 | Listing removed | $244,000 |
| 2024-07-01 | Listed for sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $191,269 | 10.00% |
| 2023-12-27 | $3445.81 | -5.91% | $173,881 | 10.00% |
| 2022-12-27 | $3662.34 | 4.93% | $158,074 | 10.00% |
Listed by: Robert Kirby • Keller Williams Realty Rgv
Mls Name: Greater McAllen AOR
Mls ID: #453575
Disclaimer: Listing information is deemed reliable, but not guaranteed.
