








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 301 N Friou St, Alvarado, TX, 76009 offers a 9.3% rental yield on a $140,000 purchase with $1,085/mo rent. 71% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 98.92% and total cumulative return in cash at $45,910. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,085/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
7,230 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 |
|---|---|---|
| 2025-05-02 | Listed for sale | $140,000 |
| 2014-09-14 | Listing removed | $36,900 |
| 2014-08-03 | Price change | $36,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-02 | N/A | N/A | $192,547 | 20.00% |
| 2023-05-02 | $3955.36 | 116.35% | $160,456 | 136.22% |
| 2022-05-02 | $1828.26 | -0.85% | $67,926 | N/A |



Listed by: Cathy Ruiz • LPT Realty
Mls Name: NTREIS
Mls ID: #20923813
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.