








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 221 Cheyenne Trl, Alvarado, TX, 76009 at $405,000 posts ROI 17.04% with from $2,596/mo rent. Total monthly income equals $2,596/mo. Return on cash invested measures 17.04% and rental yield reads 7.69% at the current $405,000. Equity gained on principal adds $2,613/yr, and 5% annual appreciation supports $111,894 by year five. Five-year ROI prints 88.77% and total cumulative return in cash totals $119,186. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,596/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
6,599 sqft lot
$N/A/sqft
$450 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 |
|---|---|---|
| 2024-08-05 | Price change | $405,000 |
| 2024-07-15 | Price change | $410,000 |
| 2024-07-01 | Price change | $415,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Marsha Ashlock • Visions Realty & Investments
Mls Name: NTREIS
Mls ID: #20645114
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.