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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% |
Rental property for sale in Alvarado at 3908 Hidden Lake Ct, Alvarado, TX, 76009 generates $2,596/mo in rent, after a $3,181/mo payment. Total monthly income is $2,596/mo. Return on cash invested sits at 8.69% in year one, and rental yield is 4.79% on a $649,950 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,569 over five years. Five-year ROI reaches 43.89% and total cumulative return in cash sums $93,850. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,596/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.98 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 |
|---|---|---|
| 2024-09-30 | Price change | $649,950 |
| 2024-07-13 | Price change | $664,950 |
| 2024-06-08 | Listed for sale | $679,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | N/A | N/A | $467,566 | 41.16% |
| 2023-10-22 | $4262.12 | -16.24% | $331,242 | 10.00% |
| 2022-10-22 | $5088.25 | 5.21% | $301,129 | 10.00% |
Listed by: Margaret Motl • EXP REALTY
Mls Name: NTREIS
Mls ID: #20639190
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.
