1509 Olmos CirAliceTX78332
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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 Alice at 1509 Olmos Cir, Alice, TX, 78332 listed at $216,900 pairs $2,010/mo rent with a $1,062/mo payment to leave $467/mo cash flow. Total monthly income runs $2,010/mo, and annual cash flow reaches $5,606/yr on $71,902 cash to close. Return on cash invested measures 27.71% in year one, and rental yield registers 11.12% at a $216,900 basis. Equity gained on principal adds $1,400/yr, and annual property appreciation at 5% supports $59,925 by year five. Five-year ROI tracks 145.93% and total cumulative return in cash totals $104,926. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,010/mo property income relative to a $1,062/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
0.28 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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