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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 Alice at 116 W Fm 2044, Alice, TX, 78332 offers a 2.8% rental yield on a $350,000 purchase with $816/mo rent. 61% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 11.31% and total cumulative return in cash at $13,118. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $816/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
2.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78332, Alice, TX area.
| 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 |
Residential
10,120
Single Family
9,414
Multi-Family
706
Businesses
901
Date | Event | Price |
|---|---|---|
| 2024-12-13 | Price change | $350,000 |
| 2024-10-30 | Price change | $380,000 |
| 2024-08-21 | Listed for sale | $399,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $3523.83 | -0.31% | $287,805 | N/A |
| 2023-12-27 | $3534.73 | -29.72% | $287,805 | N/A |
| 2022-12-27 | $5029.31 | -3.68% | $287,805 | N/A |
Listed by: Amanda Colmenero • Coastal Country Real Estate
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #446119
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.
