238 Deer Meadows DrAliceTX78332
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Nearby investment properties with comparable prices
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
Investment property for sale in Alice at 238 Deer Meadows Dr, Alice, TX, 78332 at $569,999 posts ROI 24.09% with $630/mo cash flow from $4,757/mo rent. Total monthly income equals $4,757/mo, and annual cash flow records $7,564/yr on $187,530 to close. Return on cash invested measures 24.09% and rental yield reads 10.01% at the current $569,999. Equity gained on principal adds $3,678/yr, and 5% annual appreciation supports $157,480 by year five. Five-year ROI prints 126.65% and total cumulative return in cash totals $237,505.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,757/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2014
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78332, Alice, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,120
Single Family
9,414
Multi-Family
706
Businesses
901
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Listed by: Janay Oneal • Barlowe Daly Realty
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #439599
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.