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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 1509 Sage Meadows Ct, Alvarado, TX, 76009 priced at $224,900 converts $1,548/mo rent into after a $1,101/mo obligation. Total monthly income equals $1,548/mo. Return on cash invested prints 19.08% in year one, and rental yield reads 8.26% against a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation compiles into $62,136 by year five. Five-year ROI reaches 99.62% and total cumulative return in cash sums $74,269. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,548/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Manufactured
Built in 2000
1.29 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 |
|---|---|---|
| 2024-12-17 | Price change | $224,900 |
| 2024-12-06 | Listed for sale | $239,900 |
| 2024-06-07 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $89,172 | 17.22% |
| 2023-12-27 | $247.50 | -51.13% | $76,075 | 10.00% |
| 2022-12-27 | $506.43 | -10.65% | $69,159 | 10.00% |
Listed by: Jessica Buchanan • All City Real Estate, Ltd Co
Mls Name: NTREIS
Mls ID: #20789784
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.
