








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 216 Cheyenne Trl, Alvarado, TX, 76009 with 5% annual appreciation on a $347,200 basis while $2,945/mo rent supports operations. Total monthly income totals $2,945/mo and a $1,699/mo payment preserves $476/mo for cash returns. Annual cash flow comes to $5,717/yr on $115,097 deployed, and return on cash invested reaches 24.88% in year one. Equity gained on principal adds $2,240/yr, and five-year appreciation sums $95,925 alongside rental yield of 10.18%. Five-year ROI measures 130.7% and total cumulative return in cash totals $150,431.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,945/mo property income versus a $1,699/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A 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 |
|---|---|---|
| 2025-03-09 | Listing removed | $349,500 |
| 2025-03-04 | Listing removed | $2,495 |
| 2025-02-24 | Price change | $349,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | N/A | N/A | $124,466 | 176.59% |
| 2023-07-01 | $1109.28 | N/A | $45,000 | N/A |



Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A