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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 1617 Forest Park Dr, Alvarado, TX, 76009 earns $2,179/mo cash flow from $4,638/mo rent with a $1,664/mo payment. Total monthly income totals $4,638/mo, and annual cash flow totals $26,144/yr on $112,707 capital. ROI tracks 43.11% on current figures, and rental yield reads 16.37% at a $339,990 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,933 over five years. Five-year ROI reaches 228.6% and total cumulative return in cash sums $257,643. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,638/mo property income instead of your personal income.
Single Family
Built in 2023
7,200 sqft lot
$N/A/sqft
$500 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 |
|---|---|---|
| 2024-07-26 | Price change | $339,990 |
| 2024-06-21 | Price change | $346,990 |
| 2024-05-25 | Price change | $348,789 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Stephen Kahn • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20604027
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.
