907 E Avenue JAlpineTX79830
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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 907 E Avenue J, Alpine, TX, 79830 uses $34,808 cash to close to unlock $5,679/yr annual cash flow and $473/mo monthly cash flow. Total monthly income runs $1,220/mo, and a $514/mo payment keeps the spread at $473/mo. Purchase price stands at $105,000, and rental yield measures 13.94% with $1,220/mo rent. Return on cash invested shows 36.22% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 191.69% and total cumulative return in cash records $66,722. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,220/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1920
7,666 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: Carol Morrow • Keller Williams Realty - Midland & Odessa
Mls Name: Odessa BOR
Mls Provider:
Mls ID: #147620
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.