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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Alice at 220 W 6th St, Alice, TX, 78332 offers $1,858/mo rent that, after a $1,003/mo payment, leaves $401/mo cash flow. Total monthly income is $1,858/mo, and annual cash flow is $4,807/yr on $67,958 cash. Return on cash invested measures 26.98% in year one, and rental yield stands at 10.88% at a $205,000 entry. Equity gained on principal adds $1,323/yr while 5% annual appreciation compounds into $56,638 by year five. Five-year ROI records 142% and total cumulative return in cash reaches $96,498. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,858/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
7,218 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78332, Alice, TX area.
| 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 |
Residential
10,120
Single Family
9,414
Multi-Family
706
Businesses
901
Date | Event | Price |
|---|---|---|
| 2024-10-21 | Price change | $205,000 |
| 2024-09-20 | Listed for sale | $209,999 |
| 2020-01-12 | Listing removed | $158,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $1438.58 | 9.45% | $98,931 | 2.81% |
| 2023-02-13 | $1314.35 | -37.90% | $96,225 | N/A |
| 2022-02-13 | $2116.41 | -6.96% | $96,225 | N/A |
Listed by: Marla Castillo • RE/MAX ELITE
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #448522
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-02-13 01:55:26 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.
