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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 8505 Open Sky Ct, Alvarado, TX, 76009 earns $1,488/mo cash flow from $3,407/mo rent with a $1,321/mo payment. Total monthly income totals $3,407/mo, and annual cash flow totals $17,853/yr on $89,472 capital. ROI tracks 39.86% on current figures, and rental yield reads 15.15% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 211.06% and total cumulative return in cash sums $188,838. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,407/mo property income instead of your personal income.
Manufactured
Built in 1999
1.15 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 |
|---|---|---|
| 2024-05-31 | Listed for sale | $269,900 |
| 2019-12-11 | Listing removed | $1,295 |
| 2019-11-25 | Listed for rent | $1,295 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $2859.59 | 9.42% | $172,975 | 24.35% |
| 2022-08-13 | $2613.41 | 3.92% | $139,098 | 5.21% |
| 2021-08-13 | $2514.74 | 136.84% | $132,216 | 149.34% |
Listed by: Jeff Kelly • Wethington Agency
Mls Name: NTREIS
Mls ID: #20632963
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.
