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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 164 Chambers Dr, Alvarado, TX, 76009 generates $3,048/mo in rent and, after a $2,007/mo payment, leaves $79/mo in cash flow. Total monthly income is $3,048/mo, and annual cash flow is $950/yr on $135,915 invested. Return on cash invested sits at 20.61% in year one, and rental yield is 8.92% on a $410,000 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 108% and total cumulative return in cash sums $146,783. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,048/mo property income rather than buyer’s personal income.
Manufactured
Built in 1988
0.83 Acres lot
$N/A/sqft
$53 monthly 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 |
|---|---|---|
| 2024-04-29 | Price change | $410,000 |
| 2024-04-26 | Price change | $409,950 |
| 2024-03-21 | Price change | $419,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $1140.52 | -43.66% | $141,268 | 2.33% |
| 2022-08-13 | $2024.28 | 37.58% | $138,050 | 42.55% |
| 2021-08-13 | $1471.30 | 7.58% | $96,846 | 10.00% |
Listed by: Mark Claver • Claver Realty LLC
Mls Name: NTREIS
Mls ID: #20466285
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.
