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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% |
Rental property for sale in Alvarado at 700 Turtle Creek Park Trl, Alvarado, TX, 76009 priced at $309,990 pairs $2,596/mo rent with $257/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,596/mo, and annual cash flow comes to $3,086/yr on $102,762 invested. Return on cash invested is 22.91% in year one, and rental yield stands at 10.05% on a $309,990 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,645 by year five. Five-year ROI measures 120.76% and total cumulative return in cash reaches $124,096. For financing, Ziffy Mortgage’s DSCR program evaluates $2,596/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
6,534 sqft lot
$N/A/sqft
$500 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 |
|---|---|---|
| 2024-07-08 | Listed for sale | $309,990 |
| 2024-06-25 | Listing removed | N/A |
| 2024-05-28 | Price change | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $308,013 | -26.26% |
| 2023-12-27 | $6262.33 | 11.81% | $417,700 | 100.73% |
| 2022-12-27 | $5600.71 | N/A | $208,087 | N/A |
Listed by: Dania Gomez • Monument Realty
Mls Name: NTREIS
Mls ID: #20668268
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.
