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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 303 E 4th St, Alice, TX, 78332 priced at $255,000 converts $2,024/mo rent into $211/mo cash flow after a $1,248/mo obligation. Total monthly income equals $2,024/mo, and annual cash flow totals $2,529/yr on $84,533 invested. Return on cash invested prints 22.9% in year one, and rental yield reads 9.52% against a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,452 by year five. Five-year ROI reaches 120.1% and total cumulative return in cash sums $101,528. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,024/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Single Family
Built in 1975
7,500 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Isabel Abrigo • First Texas Realty
Mls Name: South Texas MLS
Mls ID: #458122
