








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 1132 Snowy Owl Dr, Alvarado, TX, 76009 offers a 9.26% rental yield on a $375,000 purchase with $2,893/mo rent. Total monthly income registers $2,893/mo, and a $1,835/mo payment leaves $227/mo available for distribution. Annual cash flow reaches $2,721/yr on $124,313 to close, and return on cash invested stands at 22.1% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 115.79% and total cumulative return in cash at $143,943. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,893/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
6,272 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: Matthew Crites • Coldwell Banker Realty
Mls Name: NTREIS
Mls ID: #21028907