811 N 16th StMcAllenTX78501
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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 811 N 16th St, McAllen, TX, 78501 listed at $139,000 pairs $1,585/mo rent with a $680/mo payment to leave $597/mo cash flow. Total monthly income runs $1,585/mo, and annual cash flow reaches $7,163/yr on $46,079 cash to close. Return on cash invested measures 35.45% in year one, and rental yield registers 13.68% at a $139,000 basis. Equity gained on principal adds $897/yr, and annual property appreciation at 5% supports $38,403 by year five. Five-year ROI tracks 187.39% and total cumulative return in cash totals $86,348. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,585/mo property income relative to a $680/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
9,099 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78501, Mcallen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,633 (100%) |
| Owner Occupied HU | 11,771 (44.2%) |
| Renter Occupied HU | 11,969 (44.9%) |
| Vacant Housing Units | 2,893 (10.9%) |
| Median Home Value | $182,269 |
| Average Home Value | $208,656 |
Housing Distribution
Address Breakdown
Residential
24,170
Single Family
19,817
Multi-Family
4,353
Businesses
4,074
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