11114 E State Highway 31KerensTX75144
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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 11114 E State Highway 31, Kerens, TX, 75144 earns $92/mo cash flow from $869/mo rent with a $535/mo payment. Total monthly income totals $869/mo, and annual cash flow totals $1,102/yr on $36,216 capital. ROI tracks 22.95% on current figures, and rental yield reads 9.55% at a $109,250 purchase. Equity gained on principal adds $705/yr, and 5% annual appreciation supports $30,184 over five years. Five-year ROI reaches 120.35% and total cumulative return in cash sums $43,588. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $869/mo property income instead of your personal income.
Single Family
Built in 1990
1.18 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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Listed by: Kevin Riney • NE Texas Regional Realty
Mls Name: NTREIS
Mls ID: #20769840
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.