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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 3416 Happy Meadows Dr, Alvarado, TX, 76009 earns $285/mo cash flow from $1,814/mo rent with a $1,052/mo payment. Total monthly income totals $1,814/mo, and annual cash flow totals $3,425/yr on $71,273 capital. ROI tracks 24.71% on current figures, and rental yield reads 10.12% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 129.85% and total cumulative return in cash sums $92,545. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,814/mo property income instead of your personal income.
Manufactured
Built in 2005
1.61 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 |
|---|---|---|
| 2025-06-28 | Listed for sale | $215,000 |
| 2002-05-15 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-29 | N/A | N/A | $129,727 | 10.00% |
| 2023-06-29 | $359.73 | -60.80% | $117,934 | 10.00% |
| 2022-06-29 | $917.77 | 0.64% | $107,213 | 10.00% |
Listed by: Becky Boeker • Coldwell Banker Realty
Mls Name: NTREIS
Mls ID: #20984241
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.
