202 W Gallego AveAlpineTX79830
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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
Rental property for sale in Alpine at 202 W Gallego Ave, Alpine, TX, 79830 priced at $150,000 pairs $1,183/mo rent with $117/mo cash flow after a $734/mo payment. Total monthly income equals $1,183/mo, and annual cash flow comes to $1,398/yr on $49,725 invested. Return on cash invested is 22.72% in year one, and rental yield stands at 9.46% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 119.18% and total cumulative return in cash reaches $59,262. For financing, Ziffy Mortgage’s DSCR program evaluates $1,183/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79830, Alpine, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,243 (100%) |
| Owner Occupied HU | 2,450 (46.7%) |
| Renter Occupied HU | 1,413 (27.0%) |
| Vacant Housing Units | 1,380 (26.3%) |
| Median Home Value | $237,078 |
| Average Home Value | $301,223 |
Housing Distribution
Address Breakdown
Residential
3,445
Single Family
3,396
Multi-Family
49
Businesses
347
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Listed by: Carol Morrow • Keller Williams Realty - Midland & Odessa
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #156250
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.