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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 230 Cheyenne Trl, Alvarado, TX, 76009 priced at $357,000 converts $2,596/mo rent into $20/mo cash flow after a $1,747/mo obligation. Total monthly income equals $2,596/mo, and annual cash flow totals $242/yr on $118,346 invested. Return on cash invested prints 20.11% in year one, and rental yield reads 8.73% against a $357,000 entry. Equity gained on principal adds $2,304/yr, while 5% annual appreciation compiles into $98,633 by year five. Five-year ROI reaches 105.31% and total cumulative return in cash sums $124,636. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,596/mo property income covering a $1,747/mo payment, not borrower’s personal income.
Single Family
Built in 2024
6,298 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 |
|---|---|---|
| 2025-01-27 | Price change | $357,000 |
| 2024-11-20 | Price change | $358,000 |
| 2024-10-23 | Price change | $359,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $54,000 | 20.00% |
| 2023-02-12 | $1109.28 | N/A | $45,000 | N/A |
Listed by: Marsha Ashlock • Visions Realty & Investments
Mls Name: NTREIS
Mls ID: #20688958
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.
