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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 738 W 1st St, Alice, TX, 78332 with 5% annual appreciation on a $115,000 basis while $816/mo rent supports operations. 85% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 8.51%. Five-year ROI measures 103.87% and total cumulative return in cash totals $39,597. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $816/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
7,799 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: Kim Erwin • KW Coastal Bend - Island
Mls Name: South Texas MLS
Mls ID: #459094
