369 Tranquil LnAlvaradoTX76009
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Nearby investment properties with comparable prices
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
Investment Highlights
Rental property for sale in Alvarado at 369 Tranquil Ln, Alvarado, TX, 76009 generates $1,413/mo in rent and, after a $905/mo payment, leaves $98/mo in cash flow. Total monthly income is $1,413/mo, and annual cash flow is $1,178/yr on $61,294 invested. Return on cash invested sits at 21.83% in year one, and rental yield is 9.17% on a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 114.42% and total cumulative return in cash sums $70,135. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,413/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
7,492 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
8,499
Single Family
8,345
Multi-Family
154
Businesses
651
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