103 Ivy StKerensTX75144
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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 Kerens at 103 Ivy St, Kerens, TX, 75144 uses $54,366 cash to close to unlock $906/yr annual cash flow and $75/mo monthly cash flow. Total monthly income runs $1,242/mo, and a $803/mo payment keeps the spread at $75/mo. Purchase price stands at $164,000, and rental yield measures 9.09% with $1,242/mo rent. Return on cash invested shows 21.57% in year one, and 5% annual appreciation builds toward $45,310 over five years. Five-year ROI reaches 113.01% and total cumulative return in cash records $61,437. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,242/mo property income covering a $803/mo payment rather than investor’s personal income.
Single Family
Built in 1984
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75144, Kerens, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,798 (100%) |
| Owner Occupied HU | 1,092 (60.7%) |
| Renter Occupied HU | 319 (17.7%) |
| Vacant Housing Units | 387 (21.5%) |
| Median Home Value | $217,628 |
| Average Home Value | $326,438 |
Housing Distribution
Address Breakdown
Residential
1,593
Single Family
1,562
Multi-Family
31
Businesses
98
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