110 S Alma AveKerensTX75144
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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 110 S Alma Ave, Kerens, TX, 75144 offers a 9.36% rental yield on a $159,999 purchase with $1,248/mo rent. Total monthly income registers $1,248/mo, and a $783/mo payment leaves $110/mo available for distribution. Annual cash flow reaches $1,324/yr on $53,040 to close, and return on cash invested stands at 22.41% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 117.51% and total cumulative return in cash at $62,329. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,248/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
0.39 Acres 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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