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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 108 Gateway Dr, Alvarado, TX, 76009 offers $3,149/mo rent that, after a $1,831/mo payment, leaves $489/mo cash flow. Total monthly income is $3,149/mo, and annual cash flow is $5,868/yr on $123,981 cash. Return on cash invested measures 24.64% in year one, and rental yield stands at 10.1% at a $374,000 entry. Equity gained on principal adds $2,413/yr while 5% annual appreciation compounds into $103,329 by year five. Five-year ROI records 129.42% and total cumulative return in cash reaches $160,453. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,149/mo property income versus a $1,831/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
7,056 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kelly Christenson • RE/MAX Trinity
Mls Name: NTREIS
Mls ID: #21078957
