1908 N Pine StAltonTX78573
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 Alton at 1908 N Pine St, Alton, TX, 78573 offers a 10.89% rental yield on a $175,000 purchase with $1,588/mo rent. Total monthly income registers $1,588/mo, and a $857/mo payment leaves $343/mo available for distribution. Annual cash flow reaches $4,117/yr on $58,013 to close, and return on cash invested stands at 27.01% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 142.2% and total cumulative return in cash at $82,495. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,588/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78573, Mission, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,379 (100%) |
| Owner Occupied HU | 9,397 (65.4%) |
| Renter Occupied HU | 3,749 (26.1%) |
| Vacant Housing Units | 1,233 ( 8.6%) |
| Median Home Value | $191,448 |
| Average Home Value | $242,363 |
Housing Distribution
Address Breakdown
Residential
13,981
Single Family
13,419
Multi-Family
562
Businesses
797
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices