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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 1029 Nighthawk Trl, Alvarado, TX, 76009 priced at $347,980 converts $2,574/mo rent into $77/mo cash flow after a $1,703/mo obligation. Total monthly income equals $2,574/mo, and annual cash flow totals $921/yr on $115,355 invested. Return on cash invested prints 20.71% in year one, and rental yield reads 8.88% against a $347,980 entry. Equity gained on principal adds $2,245/yr, while 5% annual appreciation compiles into $96,140 by year five. Five-year ROI reaches 108.42% and total cumulative return in cash sums $125,068. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,574/mo property income covering a $1,703/mo payment, not borrower’s personal income.
Single Family
Built in 2024
5,601 sqft lot
$N/A/sqft
$275 annually 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 |
|---|---|---|
| 2024-11-15 | Listed for sale | $347,980 |
| 2024-10-07 | Pending sale | $347,980 |
| 2024-08-21 | Listed for sale | $347,980 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Marsha Ashlock • Visions Realty & Investments
Mls Name: NTREIS
Mls ID: #20707870
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.
