








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 3400 Raindrop Dr, Alvarado, TX, 76009 earns $432/mo cash flow from $1,776/mo rent with a $925/mo payment. Total monthly income totals $1,776/mo, and annual cash flow totals $5,185/yr on $62,654 capital. ROI tracks 28.18% on current figures, and rental yield reads 11.28% at a $189,000 purchase. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 over five years. Five-year ROI reaches 148.49% and total cumulative return in cash sums $93,034. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,776/mo property income instead of your personal income.
Manufactured
Built in 1999
1 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 |
|---|---|---|
| 2025-04-29 | Listed for sale | $189,000 |
| 2014-07-21 | Sold | N/A |
| 2006-11-07 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-29 | N/A | N/A | $176,554 | 17.80% |
| 2023-04-29 | $2477.80 | 9.97% | $149,880 | 24.98% |
| 2022-04-29 | $2253.13 | -1.22% | $119,922 | N/A |



Listed by: Melissa Fain • Regent Realty, LLC
Mls Name: NTREIS
Mls ID: #20919059
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.