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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 1622 S Reynolds St, Alice, TX, 78332 at $165,000 posts ROI 43.67% with $1,083/mo cash flow from $2,388/mo rent. Total monthly income equals $2,388/mo, and annual cash flow records $12,999/yr on $54,698 to close. Return on cash invested measures 43.67% and rental yield reads 17.37% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 232.62% and total cumulative return in cash totals $127,235.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,388/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2020
5,000 sqft 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 |
|---|---|---|
| 2024-10-01 | Sold | N/A |
| 2024-05-08 | Listed for sale | $185,000 |
| 2024-03-06 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-11 | $4312.05 | 1.91% | $162,907 | N/A |
| 2023-05-11 | $4231.24 | -4.49% | $162,907 | N/A |
| 2022-05-11 | $4429.95 | 1.07% | $162,907 | N/A |
Listed by: Kelley Brough • KH Property
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #458959
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-05-11 15:08:42 PDT. 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.
