403 S 9th 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
Rental property for sale in Alpine at 403 S 9th St, Alpine, TX, 79830 priced at $159,900 converts $1,229/mo rent into $92/mo cash flow after a $783/mo obligation. Total monthly income equals $1,229/mo, and annual cash flow totals $1,099/yr on $53,007 invested. Return on cash invested prints 21.98% in year one, and rental yield reads 9.22% against a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 115.22% and total cumulative return in cash sums $61,074. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,229/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1920
7,222 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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Listed by: Jasper Maxwell • Keller Williams Realty SWMC
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #158915
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.