2405 Gills Crossing CtAlvaradoTX76009
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Alvarado at 2405 Gills Crossing Ct, Alvarado, TX, 76009 with 5% annual appreciation on a $264,000 basis while $1,894/mo rent supports operations. Total monthly income totals $1,894/mo and a $1,292/mo payment preserves $17/mo for cash returns. Annual cash flow comes to $202/yr on $87,516 deployed, and return on cash invested reaches 20.14% in year one. Equity gained on principal adds $1,704/yr, and five-year appreciation sums $72,938 alongside rental yield of 8.61%. Five-year ROI measures 105.28% and total cumulative return in cash totals $92,137.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,894/mo property income versus a $1,292/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2002
1.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76009, Alvarado, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,499
Single Family
8,345
Multi-Family
154
Businesses
651
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Listed by: Serenda Weathers • All City Real Estate Ltd. Co.
Mls Name: NTREIS
Mls ID: #20770159
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.