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% |
Investment property for sale in Alvarado at 205 Bishop St, Alvarado, TX, 76009 listed at $209,000 pairs $1,924/mo rent with a $1,023/mo payment to leave $394/mo cash flow. Total monthly income runs $1,924/mo, and annual cash flow reaches $4,724/yr on $69,284 cash to close. Return on cash invested measures 26.73% in year one, and rental yield registers 11.05% at a $209,000 basis. Equity gained on principal adds $1,349/yr, and annual property appreciation at 5% supports $57,743 by year five. Five-year ROI tracks 140.9% and total cumulative return in cash totals $97,622. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,924/mo property income relative to a $1,023/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
5,140 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 |
|---|---|---|
| 2009-10-03 | Listing removed | $55,000 |
| 2009-09-18 | Listed for sale | $55,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-01 | N/A | N/A | $194,620 | 20.00% |
| 2023-04-01 | $3997.93 | 92.23% | $162,183 | 109.89% |
| 2022-04-01 | $2079.75 | -0.85% | $77,270 | N/A |
Listed by: Cailyne Reed • HomeSmart
Mls Name: NTREIS
Mls ID: #20888862
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.
