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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 8221 Kelly Ln, Alvarado, TX, 76009 generates $2,596/mo in rent and, after a $1,468/mo payment, leaves $463/mo in cash flow. Total monthly income is $2,596/mo, and annual cash flow is $5,556/yr on $99,450 invested. Return on cash invested sits at 25.5% in year one, and rental yield is 10.38% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 134% and total cumulative return in cash sums $133,260. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,596/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
0.80 Acres 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 |
|---|---|---|
| 2024-10-07 | Price change | $300,000 |
| 2024-10-03 | Price change | $380,000 |
| 2024-09-28 | Listed for sale | $390,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | N/A | N/A | $231,778 | 87.61% |
| 2023-10-15 | $421.77 | -64.00% | $123,541 | 10.00% |
| 2022-10-15 | $1171.74 | 0.21% | $112,310 | 3.86% |
Listed by: Brian Wells • RE/MAX Trinity
Mls Name: NTREIS
Mls ID: #20678677
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.
