1921 Caroline AveAliceTX78332
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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 1921 Caroline Ave, Alice, TX, 78332 with 5% annual appreciation on a $675,000 basis while $3,830/mo rent supports operations. 82% in year one. Equity gained on principal adds $4,356/yr, and five-year appreciation sums $186,490 alongside rental yield of 6.81%. Five-year ROI measures 76.72% and total cumulative return in cash totals $170,379. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,830/mo property income versus a $3,304/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
0.43 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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