



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 218 Cheyenne Trl, Alvarado, TX, 76009 uses $112,544 cash to close to unlock $1,913/yr annual cash flow and $159/mo monthly cash flow. Total monthly income runs $2,574/mo, and a $1,662/mo payment keeps the spread at $159/mo. Purchase price stands at $339,500, and rental yield measures 9.1% with $2,574/mo rent. Return on cash invested shows 21.61% in year one, and 5% annual appreciation builds toward $93,798 over five years. Five-year ROI reaches 113.19% and total cumulative return in cash records $127,385. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,574/mo property income covering a $1,662/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,098 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jimmy Morrow • Avignon Realty
Mls Name: NTREIS
Mls ID: #21109768