2312 E Honolulu AveAltonTX78573
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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 2312 E Honolulu Ave, Alton, TX, 78573 priced at $130,000 converts $1,128/mo rent into $204/mo cash flow after a $636/mo obligation. Total monthly income equals $1,128/mo, and annual cash flow totals $2,446/yr on $43,095 invested. Return on cash invested prints 25.59% in year one, and rental yield reads 10.41% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 134.47% and total cumulative return in cash sums $57,951. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,128/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1994
5,375 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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