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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% |
Investment property for sale in Alice at 230 Walker St, Alice, TX, 78332 uses $77,903 cash to close to unlock $4,429/yr annual cash flow and $369/mo monthly cash flow. Total monthly income runs $2,040/mo, and a $1,150/mo payment keeps the spread at $369/mo. Purchase price stands at $235,000, and rental yield measures 10.42% with $2,040/mo rent. Return on cash invested shows 25.59% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 134.59% and total cumulative return in cash records $104,848. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 2013
0.34 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 |
|---|---|---|
| 2025-01-22 | Listed for sale | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $2915.10 | 5.27% | $123,807 | N/A |
| 2023-02-13 | $2769.12 | 21.15% | $123,807 | N/A |
| 2022-02-13 | $2285.73 | -8.89% | $123,807 | N/A |
Listed by: Walter Jimenez • Keller Williams Coastal Bend
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #453210
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.
