272 County Road 324AliceTX78332
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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 Alice at 272 County Road 324, Alice, TX, 78332 generates $3,666/mo in rent and, after a $651/mo payment, leaves $2,720/mo in cash flow. Total monthly income is $3,666/mo, and annual cash flow is $32,642/yr on $44,090 invested. Return on cash invested sits at 93.95% in year one, and rental yield is 33.08% on a $133,000 entry. Equity gained on principal adds $858/yr, while 5% annual appreciation builds toward $36,745 over five years. Five-year ROI reaches 501.17% and total cumulative return in cash sums $220,965. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,666/mo property income rather than buyer’s personal income.
Lot
Built in N/A
2.50 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: Hilse Sandoval • Keller Williams Laredo
Mls Name: LAR
Mls Provider:
Mls ID: #20243489
Disclaimer: 2024 Laredo Multiple Listing Service. Information is deemed to be reliable but not guaranteed. Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.