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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 332 Pilgrim Rd, Alvarado, TX, 76009 uses $38,089 cash to close to unlock $18,676/yr annual cash flow and $1,556/mo monthly cash flow. Total monthly income runs $2,426/mo, and a $562/mo payment keeps the spread at $1,556/mo. Purchase price stands at $114,900, and rental yield measures 25.34% with $2,426/mo rent. Return on cash invested shows 68.94% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 367.7% and total cumulative return in cash records $140,054. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,426/mo property income covering a $562/mo payment rather than investor’s personal income.
Manufactured
Built in 1991
0.26 Acres lot
$N/A/sqft
$53 monthly 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 |
|---|---|---|
| 2024-06-14 | Price change | $114,900 |
| 2024-05-07 | Price change | $124,900 |
| 2024-04-18 | Listed for sale | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $168.78 | -64.86% | $36,839 | -3.02% |
| 2022-08-13 | $480.25 | 14.77% | $37,988 | 72.67% |
| 2021-08-13 | $418.44 | -5.01% | $22,000 | N/A |
Listed by: Jessica Buchanan • All City Real Estate, Ltd Co
Mls Name: NTREIS
Mls ID: #20581815
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.
