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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% |
Investment property for sale in Alvarado at 109 W Purdom Ave, Alvarado, TX, 76009 listed at $254,900 pairs $2,596/mo rent with a $1,248/mo payment to leave $668/mo cash flow. Total monthly income runs $2,596/mo, and annual cash flow reaches $8,012/yr on $84,499 cash to close. Return on cash invested measures 29.39% in year one, and rental yield registers 12.22% at a $254,900 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,424 by year five. Five-year ROI tracks 155.5% and total cumulative return in cash totals $131,400. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,596/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
0.27 Acres 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 |
|---|---|---|
| 2025-05-14 | Price change | $254,900 |
| 2025-02-27 | Price change | $259,900 |
| 2024-10-04 | Price change | $269,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | N/A | N/A | $304,442 | 10.00% |
| 2023-07-01 | $5614.86 | 67.49% | $276,765 | 122.20% |
| 2022-07-01 | $3352.45 | 20.41% | $124,556 | 21.45% |
Listed by: Mark Hewitt • Real Broker, LLC
Mls Name: NTREIS
Mls ID: #20649236
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.
