8617 Savannah Farms CtAlvaradoTX76009
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Alvarado at 8617 Savannah Farms Ct, Alvarado, TX, 76009 generates $2,449/mo in rent and, after a $1,370/mo payment, leaves $459/mo in cash flow. Total monthly income is $2,449/mo, and annual cash flow is $5,503/yr on $92,787 invested. Return on cash invested sits at 25.84% in year one, and rental yield is 10.5% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 135.86% and total cumulative return in cash sums $126,061. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,449/mo property income rather than buyer’s personal income.
Manufactured
Built in 2000
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76009, Alvarado, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,499
Single Family
8,345
Multi-Family
154
Businesses
651
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Listed by: Dana Skiles • JPAR Cleburne
Mls Name: NTREIS
Mls ID: #20970171
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.