








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 1049 Nighthawk Trl, Alvarado, TX, 76009 priced at $319,500 converts $2,804/mo rent into $509/mo cash flow after a $1,564/mo obligation. Total monthly income equals $2,804/mo, and annual cash flow totals $6,106/yr on $105,914 invested. Return on cash invested prints 25.67% in year one, and rental yield reads 10.53% against a $319,500 entry. Equity gained on principal adds $2,062/yr, while 5% annual appreciation compiles into $88,272 by year five. Five-year ROI reaches 135.07% and total cumulative return in cash sums $143,054. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,804/mo property income covering a $1,564/mo payment, not borrower’s personal income.
Single Family
Built in 2024
5,662 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 |
|---|---|---|
| 2024-11-20 | Listed for sale | $319,500 |
| 2024-11-18 | Contingent | $319,500 |
| 2024-11-07 | Listing removed | $2,395 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $11,000 | N/A |
| 2023-12-27 | $271.16 | -8.42% | $11,000 | N/A |
| 2022-12-27 | $296.08 | N/A | $11,000 | N/A |



Listed by: Jimmy Morrow • Avignon Realty
Mls Name: NTREIS
Mls ID: #20574673
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.