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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 2309 Kris Ct, Alvarado, TX, 76009 offers $4,966/mo rent that, after a $2,296/mo payment, leaves $1,630/mo cash flow. Total monthly income is $4,966/mo, and annual cash flow is $19,565/yr on $155,474 cash. Return on cash invested measures 32.49% in year one, and rental yield stands at 12.71% at a $469,000 entry. Equity gained on principal adds $3,026/yr while 5% annual appreciation compounds into $129,576 by year five. Five-year ROI records 171.55% and total cumulative return in cash reaches $266,719. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,966/mo property income versus a $2,296/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
1 Acres 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 |
|---|---|---|
| 2024-12-17 | Price change | $469,000 |
| 2024-12-07 | Price change | $475,000 |
| 2024-11-22 | Price change | $550,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $276,511 | 2.79% |
| 2023-12-27 | $4447.25 | -4.75% | $269,011 | 8.25% |
| 2022-12-27 | $4669.10 | -1.22% | $248,511 | N/A |
Listed by: Vena Detwiler • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20764599
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.
