216 S Inspiration BlvdAltonTX78573
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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 Alton at 216 S Inspiration Blvd, Alton, TX, 78573 offers $1,230/mo rent that, after a $685/mo payment, leaves $235/mo cash flow. Total monthly income is $1,230/mo, and annual cash flow is $2,819/yr on $46,377 cash. Return on cash invested measures 25.99% in year one, and rental yield stands at 10.55% at a $139,900 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,652 by year five. Five-year ROI records 136.65% and total cumulative return in cash reaches $63,375. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,230/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
6,838 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
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