3605 Sorrel Ct, Alvarado, TX, 76009 | $112/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3605 Sorrel Ct, Alvarado, TX, 76009 | $112/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Alvarado at 3605 Sorrel Ct, Alvarado, TX, 76009 generates $1,741/mo in rent and, after a $1,121/mo payment, leaves $112/mo in cash flow. Total monthly income is $1,741/mo, and annual cash flow is $1,349/yr on $75,914 invested. Return on cash invested sits at 21.69% in year one, and rental yield is 9.12% on a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 113.61% and total cumulative return in cash sums $86,249. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,741/mo property income rather than buyer’s personal income.

Single Family

Built in 1985

0.46 Acres lot

$N/A/sqft

No HOA

More details about the property

Step into this beautifully updated 3 bedroom, 1.5 bath home, perfectly situated on almost an half an acre of land! The spacious backyard is ideal for entertaining, gardening, or simply enjoying the outdoors, and the nice 16x16 workshop adds flexibility for hobbies or projects. Relax or entertain under the covered patio, perfect for evening gatherings or a cozy cooking area. Inside, the kitchen shines with gorgeous granite countertops, while the bathroom features a brand-new tiled shower. New LVP and carpet flow throughout the home, complemented by modern lighting and plumbing fixtures. Energy conscious buyers will love the fully paid off solar panels, providing immediate benefits to the new owner. Fresh paint inside and out gives this home a move in ready feel. Located in the highly regarded Alvarado School District and just minutes from I35, this home offers both convenience and comfort, close to shopping, dining, and all the amenities you need. Dont miss the opportunity to make this turnkey property yours!

Neighborhood Data

Neighborhood data shown for ZIP Code: 76009, Alvarado, TX area.

Housing Distribution

Housing Statistics

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