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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 509 W Cotter Ave, Alvarado, TX, 76009 with 5% annual appreciation on a $299,000 basis while $4,159/mo rent supports operations. Total monthly income totals $4,159/mo and a $1,463/mo payment preserves $1,830/mo for cash returns. Annual cash flow comes to $21,959/yr on $99,119 deployed, and return on cash invested reaches 42.06% in year one. Equity gained on principal adds $1,929/yr, and five-year appreciation sums $82,608 alongside rental yield of 16.69%. Five-year ROI measures 223.74% and total cumulative return in cash totals $221,770.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,159/mo property income versus a $1,463/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
0.28 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 |
|---|---|---|
| 2024-08-02 | Price change | $299,000 |
| 2024-07-13 | Price change | $311,000 |
| 2024-06-21 | Price change | $316,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $7403.88 | 23.16% | $300,351 | 34.48% |
| 2022-08-13 | $6011.41 | -0.85% | $223,346 | N/A |
| 2021-08-13 | $6063.16 | 1008.66% | $223,346 | 1016.73% |
Listed by: Leilani Rosejos • Divvy Realty
Mls Name: NTREIS
Mls ID: #20617650
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.
