0 N Highway 281AliceTX78332
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Alice at 0 N Highway 281, Alice, TX, 78332 listed at $145,750 pairs $816/mo rent with a $713/mo payment. Total monthly income runs $816/mo. Return on cash invested measures 14.44% in year one, and rental yield registers 6.72% at a $145,750 basis. Equity gained on principal adds $941/yr, and annual property appreciation at 5% supports $40,268 by year five. Five-year ROI tracks 74.74% and total cumulative return in cash totals $36,112. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $816/mo property income relative to a $713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
18.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78332, Alice, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,155 (100%) |
| Owner Occupied HU | 6,621 (59.4%) |
| Renter Occupied HU | 3,056 (27.4%) |
| Vacant Housing Units | 1,478 (13.2%) |
| Median Home Value | $113,817 |
| Average Home Value | $161,012 |
Housing Distribution
Address Breakdown
Residential
10,120
Single Family
9,414
Multi-Family
706
Businesses
901
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