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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 308 E Davis Ave, Alvarado, TX, 76009 listed at $200,000 pairs $1,440/mo rent with a $979/mo payment to leave $18/mo cash flow. Total monthly income runs $1,440/mo, and annual cash flow reaches $212/yr on $66,300 cash to close. Return on cash invested measures 20.23% in year one, and rental yield registers 8.64% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 105.79% and total cumulative return in cash totals $70,136. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
8,668 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 |
|---|---|---|
| 2025-07-02 | Listed for sale | $200,000 |
| 2020-12-23 | Sold | N/A |
| 2020-11-23 | Price change | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-02 | N/A | N/A | $198,807 | 10.00% |
| 2023-07-02 | $1642.03 | 8.77% | $180,734 | 10.00% |
| 2022-07-02 | $1509.58 | -10.23% | $164,304 | -8.62% |
Listed by: Ann Weaver • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20986108
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.
