8901 N 2nd StMcAllenTX78504
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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
Total monthly income runs $6,353/mo, and a $9,691/mo payment. Purchase price stands at $1,980,000, and rental yield measures 3.85% with $6,353/mo rent. Return on cash invested shows 5.92% in year one, and 5% annual appreciation builds toward $547,037 over five years. Five-year ROI reaches 28.94% and total cumulative return in cash records $185,644. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,353/mo property income covering a $9,691/mo payment rather than investor’s personal income.
Single Family
Built in 2008
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78504, Mcallen, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,981 (100%) |
| Owner Occupied HU | 14,971 (68.1%) |
| Renter Occupied HU | 5,753 (26.2%) |
| Vacant Housing Units | 1,257 ( 5.7%) |
| Median Home Value | $224,388 |
| Average Home Value | $263,654 |
Housing Distribution
Address Breakdown
Residential
22,123
Single Family
19,065
Multi-Family
3,058
Businesses
2,269
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