9308 County Road 604AlvaradoTX76009
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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
Investment property for sale in Alvarado at 9308 County Road 604, Alvarado, TX, 76009 listed at $299,953 pairs $1,178/mo rent with a $1,468/mo payment. Total monthly income runs $1,178/mo. Return on cash invested measures 8.39% in year one, and rental yield registers 4.71% at a $299,953 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,871 by year five. Five-year ROI tracks 42.3% and total cumulative return in cash totals $42,057. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,178/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.97 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: Fermin Martinez • Perla Realty Group, LLC
Mls Name: NTREIS
Mls ID: #20745860
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.