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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 391 Fortune Rd, Alvarado, TX, 76009 with 5% annual appreciation on a $175,000 basis while $2,296/mo rent supports operations. Total monthly income totals $2,296/mo and a $857/mo payment preserves $998/mo for cash returns. Annual cash flow comes to $11,977/yr on $58,013 deployed, and return on cash invested reaches 40.55% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 15.74%. Five-year ROI measures 215.26% and total cumulative return in cash totals $124,879.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,296/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2023
5,401 sqft lot
$N/A/sqft
$53 monthly 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 |
|---|---|---|
| 2024-06-01 | Listed for sale | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $330.64 | -12.01% | $20,000 | N/A |
| 2022-08-13 | $375.77 | -1.22% | $20,000 | N/A |
| 2021-08-13 | $380.40 | -5.01% | $20,000 | N/A |
Listed by: Elisa Rojas • Dwell Dallas Realtors, LLC
Mls Name: NTREIS
Mls ID: #20633341
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.
