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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% |
Rental property for sale in Alvarado at 1020 Burnett Blvd, Alvarado, TX, 76009 offers $2,472/mo rent that, after a $2,691/mo payment. Total monthly income is $2,472/mo. Return on cash invested measures 10.52% in year one, and rental yield stands at 5.39% at a $549,900 entry. Equity gained on principal adds $3,548/yr while 5% annual appreciation compounds into $151,927 by year five. Five-year ROI records 53.72% and total cumulative return in cash reaches $97,190. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,472/mo property income versus a $2,691/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 2024
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76009, Alvarado, TX area.
| 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 |
Residential
8,499
Single Family
8,345
Multi-Family
154
Businesses
651
Date | Event | Price |
|---|---|---|
| 2025-01-14 | Listed for sale | $549,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $66,000 | N/A |
| 2023-02-12 | $1626.94 | -8.41% | $66,000 | N/A |
| 2022-02-12 | $1776.41 | 215.07% | $66,000 | 217.78% |
Listed by: Jamie Wickliffe • CENTURY 21 Judge Fite Company
Mls Name: NTREIS
Mls ID: #20810823
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.
