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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% |
Investment property for sale in Alvarado at 303 E Shelton St, Alvarado, TX, 76009 offers a 8.34% rental yield on a $239,900 purchase with $1,667/mo rent. 32% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 100.96% and total cumulative return in cash at $80,287. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,667/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.27 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 |
|---|---|---|
| 2025-05-06 | Listed for sale | $239,900 |
| 2020-11-15 | Listing removed | $125,000 |
| 2020-10-28 | Price change | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-06 | N/A | N/A | $124,026 | 10.00% |
| 2023-05-06 | $1052.93 | -18.89% | $112,751 | 10.00% |
| 2022-05-06 | $1298.16 | 6.68% | $102,501 | 10.00% |
Listed by: Brenda Zambrano • One2Three Realty
Mls Name: NTREIS
Mls ID: #20927084
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.
