








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 1077 Kingbird Ln, Alvarado, TX, 76009 generates $3,692/mo in rent and, after a $1,664/mo payment, leaves $1,046/mo in cash flow. Total monthly income is $3,692/mo, and annual cash flow is $12,552/yr on $112,710 invested. Return on cash invested sits at 31.05% in year one, and rental yield is 13.03% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 164.64% and total cumulative return in cash sums $185,562. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,692/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
6,316 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 |
|---|---|---|
| 2024-10-06 | Listed for sale | $340,000 |
| 2024-09-26 | Listing removed | $340,000 |
| 2024-09-19 | Listed for sale | $340,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | N/A | N/A | $411,640 | 8.77% |
| 2023-10-15 | $8109.52 | -24.40% | $378,442 | -5.05% |
| 2022-10-15 | $10727.40 | 26.35% | $398,562 | 27.43% |



Listed by: Lori Flaherty • Keller Williams Lonestar DFW
Mls Name: NTREIS
Mls ID: #20732033
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.