308 N 10th 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 308 N 10th St, Alpine, TX, 79830 offers a 9.09% rental yield on a $208,898 purchase with $1,583/mo rent. Total monthly income registers $1,583/mo, and a $1,022/mo payment leaves $80/mo available for distribution. Annual cash flow reaches $956/yr on $69,250 to close, and return on cash invested stands at 21.29% in year one. Equity gained on principal adds $1,348/yr while 5% annual appreciation supports $57,715 over five years. Portfolio math shows five-year ROI at 111.59% and total cumulative return in cash at $77,274. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,583/mo property income against a $1,022/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
0.33 Acres 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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