








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 Alvarado at 103 Red Oak St, Alvarado, TX, 76009 uses $64,643 cash to close to unlock $3,609/yr annual cash flow and $301/mo monthly cash flow. Total monthly income runs $1,740/mo, and a $954/mo payment keeps the spread at $301/mo. Purchase price stands at $195,000, and rental yield measures 10.71% with $1,740/mo rent. Return on cash invested shows 25.49% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 134.36% and total cumulative return in cash records $86,854. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,740/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 2024
2,500 sqft lot
$N/A/sqft
$53 monthly 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 |
|---|---|---|
| 2024-10-17 | Listed for sale | $195,000 |
| 2024-08-12 | Listing removed | $195,000 |
| 2024-07-24 | Price change | $195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $60,000 | N/A |



Listed by: Tony Willis • Wethington Agency
Mls Name: NTREIS
Mls ID: #20756565
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.