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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 320 S Watson St, Alvarado, TX, 76009 uses $101,108 cash to close to unlock $5,939/yr annual cash flow and $495/mo monthly cash flow. Total monthly income runs $2,664/mo, and a $1,493/mo payment keeps the spread at $495/mo. Purchase price stands at $305,000, and rental yield measures 10.48% with $2,664/mo rent. Return on cash invested shows 25.78% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 135.55% and total cumulative return in cash records $137,050. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,664/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 2017
7,405 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 |
|---|---|---|
| 2024-10-05 | Listed for sale | $305,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | N/A | N/A | $223,183 | 10.00% |
| 2023-10-15 | $3802.41 | -13.48% | $202,894 | 10.00% |
| 2022-10-15 | $4395.05 | -5.21% | $184,449 | N/A |
Listed by: MARILYN NEWLAND • KELLER WILLIAMS REALTY
Mls Name: NTREIS
Mls ID: #20741976
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.
