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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 706 Lakeview Dr, Alvarado, TX, 76009 listed at $277,000 pairs $2,574/mo rent with a $1,356/mo payment to leave $604/mo cash flow. Total monthly income runs $2,574/mo, and annual cash flow reaches $7,248/yr on $91,826 cash to close. Return on cash invested measures 27.8% in year one, and rental yield registers 11.15% at a $277,000 basis. Equity gained on principal adds $1,787/yr, and annual property appreciation at 5% supports $76,530 by year five. Five-year ROI tracks 146.37% and total cumulative return in cash totals $134,403. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,574/mo property income relative to a $1,356/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
7,100 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Barbara Byrd • Tri Bar Properties
Mls Name: NTREIS
Mls ID: #21106310
