213 E Irvine AveAlamoTX78516
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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 Alamo at 213 E Irvine Ave, Alamo, TX, 78516 at $223,000 posts ROI 49.67% with $1,834/mo cash flow from $3,419/mo rent. Total monthly income equals $3,419/mo, and annual cash flow records $22,004/yr on $73,925 to close. Return on cash invested measures 49.67% and rental yield reads 18.4% at the current $223,000. Equity gained on principal adds $1,439/yr, and 5% annual appreciation supports $61,611 by year five. Five-year ROI prints 263.69% and total cumulative return in cash totals $194,933.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,419/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
6,298 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78516, Alamo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,392 (100%) |
| Owner Occupied HU | 8,244 (61.6%) |
| Renter Occupied HU | 2,527 (18.9%) |
| Vacant Housing Units | 2,621 (19.6%) |
| Median Home Value | $126,098 |
| Average Home Value | $147,718 |
Housing Distribution
Address Breakdown
Residential
11,558
Single Family
10,219
Multi-Family
1,339
Businesses
541
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