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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% |
Investment property for sale in Alice at 319 Olmito St, Alice, TX, 78332 at $129,900 posts ROI 22.72% with $101/mo cash flow from $1,025/mo rent. Total monthly income equals $1,025/mo, and annual cash flow records $1,213/yr on $43,062 to close. Return on cash invested measures 22.72% and rental yield reads 9.47% at the current $129,900. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 by year five. Five-year ROI prints 119.26% and total cumulative return in cash totals $51,355.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,025/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1982
5,000 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: Dulce Trejo • Coastal Bend Real Estate
Mls Name: South Texas MLS
Mls ID: #466298
