63 Live Oak StAlvaradoTX76009
Nearby investment properties with comparable rents
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Alvarado at 63 Live Oak St, Alvarado, TX, 76009 priced at $200,000 converts $1,908/mo rent into $401/mo cash flow after a $979/mo obligation. Total monthly income equals $1,908/mo, and annual cash flow totals $4,808/yr on $66,300 invested. Return on cash invested prints 27.16% in year one, and rental yield reads 11.45% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 143.51% and total cumulative return in cash sums $95,144. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,908/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 2022
3,092 sqft lot
$N/A/sqft
$85 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76009, Alvarado, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,499
Single Family
8,345
Multi-Family
154
Businesses
651
Nearby investment properties with comparable rents
Listed by: Kayla Phelps • NextHome on Main
Mls Name: NTREIS
Mls ID: #20885689
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.