1048 Kennon PointPalo PintoTX76484
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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
Rental property for sale in Palo Pinto at 1048 Kennon Point, Palo Pinto, TX, 76484 priced at $395,000 pairs $2,023/mo rent with after a $1,933/mo payment. Total monthly income equals $2,023/mo. Return on cash invested is 12.71% in year one, and rental yield stands at 6.15% on a $395,000 basis. Equity gained on principal adds $2,549/yr, and 5% annual appreciation accumulates to $109,131 by year five. Five-year ROI measures 65.46% and total cumulative return in cash reaches $85,710. For financing, Ziffy Mortgage’s DSCR program evaluates $2,023/mo property income against a $1,933/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76484, Palo Pinto, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 510 (100%) |
| Owner Occupied HU | 298 (58.4%) |
| Renter Occupied HU | 45 ( 8.8%) |
| Vacant Housing Units | 167 (32.7%) |
| Median Home Value | $267,308 |
| Average Home Value | $484,312 |
Housing Distribution
Address Breakdown
Residential
348
Single Family
348
Multi-Family
0
Businesses
46
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Listed by: Marie Hicks • Cultivate Real Estate
Mls Name: NTREIS
Mls ID: #21026595
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.