Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 104 Gateway Dr, Alvarado, TX, 76009 priced at $369,999 converts $2,596/mo rent into after a $1,811/mo obligation. Total monthly income equals $2,596/mo. Return on cash invested prints 18.43% in year one, and rental yield reads 8.42% against a $369,999 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation compiles into $102,224 by year five. Five-year ROI reaches 96.53% and total cumulative return in cash sums $118,397. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,596/mo property income covering a $1,811/mo payment, not borrower’s personal income.
Single Family
Built in 2017
7,710 sqft 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 |
|---|---|---|
| 2025-09-05 | Listed for sale | $369,999 |
| 2025-07-24 | Listing removed | $399,000 |
| 2025-07-10 | Price change | $399,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-05 | N/A | N/A | $472,230 | 32.98% |
| 2023-09-05 | $7537.16 | -7.17% | $355,114 | 10.00% |
| 2022-09-05 | $8119.63 | -3.26% | $322,831 | N/A |
Listed by: Chance Gibbs • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #21051738
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.
