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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 307 E Patton Ave, Alvarado, TX, 76009 uses $65,969 cash to close to unlock $3,695/yr annual cash flow and $308/mo monthly cash flow. Total monthly income runs $1,723/mo, and a $974/mo payment keeps the spread at $308/mo. Purchase price stands at $199,000, and rental yield measures 10.39% with $1,723/mo rent. Return on cash invested shows 25.51% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 134.07% and total cumulative return in cash records $88,446. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,723/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1980
7,361 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Susan Hutchens • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #21110702
