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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 707 N Ray St, Alvarado, TX, 76009 at $207,000 posts ROI 9.8% with from $1,288/mo rent. Total monthly income equals $1,288/mo. Return on cash invested measures 9.8% and rental yield reads 7.47% at the current $207,000. Equity gained on principal adds $1,336/yr, and 5% annual appreciation supports $57,190 by year five. Five-year ROI prints 52.34% and total cumulative return in cash totals $35,914. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,288/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
10,236 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 |
|---|---|---|
| 2025-04-27 | Listed for sale | $207,000 |
| 2025-03-21 | Sold | N/A |
| 2025-02-23 | Pending sale | $144,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-28 | N/A | N/A | $197,842 | -40.30% |
| 2023-04-28 | $8169.08 | 78.93% | $331,392 | 95.37% |
| 2022-04-28 | $4565.48 | 50.52% | $169,624 | 35.28% |
Listed by: Francisco Rico • Rico Realty
Mls Name: NTREIS
Mls ID: #20917197
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.
