1008 S Spears St, Alvarado, TX, 76009 | $370/mo Cash Flow

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1008 S Spears St, Alvarado, TX, 76009 | $370/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Alvarado at 1008 S Spears St, Alvarado, TX, 76009 earns $370/mo cash flow from $2,574/mo rent with a $1,517/mo payment. Total monthly income totals $2,574/mo, and annual cash flow totals $4,438/yr on $102,765 capital. ROI tracks 24.23% on current figures, and rental yield reads 9.96% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 127.21% and total cumulative return in cash sums $130,723. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,574/mo property income instead of your personal income.

Single Family

Built in 2025

0.27 Acres lot

$N/A/sqft

No HOA

More details about the property

Say hello to this stunning brand, new 3-bedroom, 2-bath home nestled in the growing city of Alvarado! Situated on a large lot, this property offers plenty of room to relax, entertain, or expand. As you step inside, youll be welcomed by calming luxury vinyl plank flooring that flows seamlessly into the spacious kitchen. The kitchen features beautifully designed granite countertops, abundant cabinet space, and modern finishes, perfect for both everyday living and entertaining. The living room impresses with its soaring 16-foot vaulted ceiling, a cozy gas fireplace, and built-in shelving for stylish storage. Both bathrooms have been thoughtfully designed with elegant tile flooring and custom-tiled showers, creating a fresh, upscale feel throughout. Located right off Highway 35, this home is perfect for anyone who needs to commute to work while still enjoying the comfort of small-town living. Enjoy the peace of small-town living while still being close to the conveniences of the DFW metroplex. Dont miss your chance to own this move-in ready new construction home in Alvarado!

Neighborhood Data

Neighborhood data shown for ZIP Code: 76009, Alvarado, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,885 (100%)
Owner Occupied HU	6,636 (74.7%)
Renter Occupied HU	1,757 (19.8%)
Vacant Housing Units	492 ( 5.5%)
Median Home Value	$258,762
Average Home Value	$301,630