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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 2261 W Front St, Alice, TX, 78332 priced at $215,000 converts $1,652/mo rent into $123/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,652/mo, and annual cash flow totals $1,481/yr on $71,273 invested. Return on cash invested prints 21.99% in year one, and rental yield reads 9.22% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 115.25% and total cumulative return in cash sums $82,141. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,652/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 2009
0.50 Acres 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 |
|---|---|---|
| 2024-12-09 | Price change | $215,000 |
| 2024-11-14 | Price change | $220,000 |
| 2024-07-19 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $822.13 | 490.23% | $31,060 | N/A |
| 2023-02-13 | $139.29 | -9.24% | $31,060 | N/A |
| 2022-02-13 | $153.47 | 4.32% | $31,060 | N/A |
Listed by: Jaqueline Savage • Redbird Realty LLC
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #444305
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-02-13 02:25:26 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.
