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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 3324 Happy Meadows Dr, Alvarado, TX, 76009 earns $304/mo cash flow from $2,011/mo rent with a $1,175/mo payment. Total monthly income totals $2,011/mo, and annual cash flow totals $3,648/yr on $79,560 capital. ROI tracks 24.49% on current figures, and rental yield reads 10.05% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 128.63% and total cumulative return in cash sums $102,338. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,011/mo property income instead of your personal income.
Manufactured
Built in 1999
1.20 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 |
|---|---|---|
| 2024-10-10 | Listed for sale | $240,000 |
| 2011-07-12 | Listing removed | $29,700 |
| 2011-06-27 | Price change | $29,700 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | N/A | N/A | $103,065 | 10.00% |
| 2023-10-15 | $427.77 | -58.50% | $93,695 | 10.00% |
| 2022-10-15 | $1030.89 | -6.46% | $85,177 | 10.00% |
Listed by: Leslye Carlos • United Real Estate Insight
Mls Name: NTREIS
Mls ID: #20733451
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.
