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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 Pharr at 8309 Las Palmas Dr, Pharr, TX, 78577 uses $82,544 cash to close to unlock $1,369/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $1,885/mo, and a $1,219/mo payment keeps the spread at $114/mo. Purchase price stands at $249,000, and rental yield measures 9.08% with $1,885/mo rent. Return on cash invested shows 21.57% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 113% and total cumulative return in cash records $93,272. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,885/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 2002
7,000 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: Rodrigo Chapa • Star Properties Real Estate
Mls Name: Greater McAllen AOR
Mls ID: #481008
