305 E June StAlpineTX79830
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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
Investment property for sale in Alpine at 305 E June St, Alpine, TX, 79830 at $376,000 posts ROI 49.58% with $3,082/mo cash flow from $5,755/mo rent. Total monthly income equals $5,755/mo, and annual cash flow records $36,978/yr on $124,644 to close. Return on cash invested measures 49.58% and rental yield reads 18.37% at the current $376,000. Equity gained on principal adds $2,426/yr, and 5% annual appreciation supports $103,882 by year five. Five-year ROI prints 263.15% and total cumulative return in cash totals $328,001.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,755/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
9,522 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79830, Alpine, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,243 (100%) |
| Owner Occupied HU | 2,450 (46.7%) |
| Renter Occupied HU | 1,413 (27.0%) |
| Vacant Housing Units | 1,380 (26.3%) |
| Median Home Value | $237,078 |
| Average Home Value | $301,223 |
Housing Distribution
Address Breakdown
Residential
3,445
Single Family
3,396
Multi-Family
49
Businesses
347
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No similar rental properties found nearby.
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Listed by: Carol Morrow • Keller Williams Realty -Midland
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #153781
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.