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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 6141 Catherine Ln, Alvarado, TX, 76009 with 5% annual appreciation on a $432,000 basis while $2,510/mo rent supports operations. 2% in year one. Equity gained on principal adds $2,788/yr, and five-year appreciation sums $119,354 alongside rental yield of 6.97%. Five-year ROI measures 78.83% and total cumulative return in cash totals $112,891. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,510/mo property income versus a $2,114/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1995
4.32 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 |
|---|---|---|
| 2024-10-03 | Listed for sale | $432,000 |
| 2018-10-08 | Listing removed | $225,000 |
| 2018-07-12 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $131,205 | 10.00% |
| 2023-12-27 | $776.97 | -75.75% | $119,277 | -40.61% |
| 2022-12-27 | $3203.86 | 297.61% | $200,833 | 224.68% |
Listed by: Caren Sanders • Riverplace Realty
Mls Name: NTREIS
Mls ID: #20744007
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.
