Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1524 Forest Park Dr, Alvarado, TX, 76009 priced at $319,500 converts $4,430/mo rent into $2,120/mo cash flow after a $1,564/mo obligation. Total monthly income equals $4,430/mo, and annual cash flow totals $25,443/yr on $105,914 invested. Return on cash invested prints 43.93% in year one, and rental yield reads 16.64% against a $319,500 entry. Equity gained on principal adds $2,062/yr, while 5% annual appreciation compiles into $88,272 by year five. Five-year ROI reaches 233.07% and total cumulative return in cash sums $246,854. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,430/mo property income covering a $1,564/mo payment, not borrower’s personal income.
Single Family
Built in 2021
7,187 sqft lot
$N/A/sqft
$450 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 |
|---|---|---|
| 2024-07-20 | Listed for sale | $319,500 |
| 2024-07-01 | Listing removed | N/A |
| 2024-05-15 | Price change | $316,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Diana Nieto • Rendon Realty, LLC
Mls Name: NTREIS
Mls ID: #20680135
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.
