602 E 4th StAliceTX78332
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 602 E 4th St, Alice, TX, 78332 in Alice at $214,999. Rental yield 6.41%. The 6.41% yield and 1.19 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $59,400 by year five, and $1,980/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $57,892.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 6.2% |
| Monthly Cash Flow | $(380) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,148 |
| Total Monthly Debt Service | $1,443 |
| DSCR Ratio | 0.80x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1982
7,727 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78332, Alice, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,120
Single Family
9,414
Multi-Family
706
Businesses
901
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1982
7,727 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78332, Alice, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,120
Single Family
9,414
Multi-Family
706
Businesses
901
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices