








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 628 Griffith Park Trl, Alvarado, TX, 76009 earns $278/mo cash flow from $2,574/mo rent with a $1,517/mo payment. Total monthly income totals $2,574/mo, and annual cash flow totals $3,337/yr on $102,765 capital. ROI tracks 23.16% on current figures, and rental yield reads 9.96% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 121.89% and total cumulative return in cash sums $125,263. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,574/mo property income instead of your personal income.
Single Family
Built in 2021
6,621 sqft lot
$N/A/sqft
$450 annually 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 |
|---|---|---|
| 2025-04-28 | Listed for sale | $310,000 |
| 2021-12-31 | Sold | N/A |
| 2021-10-06 | Pending sale | $280,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-28 | N/A | N/A | $302,150 | 6.31% |
| 2023-04-28 | $5797.59 | -12.12% | $284,213 | 6.74% |
| 2022-04-28 | $6597.43 | N/A | $266,276 | N/A |



Listed by: Ann Weaver • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20912087
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.