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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Kennedale at 1248 Cross Creek Dr, Kennedale, TX, 76060 priced at $369,000 pairs $3,007/mo rent with $286/mo cash flow after a $1,806/mo payment. Total monthly income equals $3,007/mo, and annual cash flow comes to $3,437/yr on $122,324 invested. Return on cash invested is 22.72% in year one, and rental yield stands at 9.78% on a $369,000 basis. Equity gained on principal adds $2,381/yr, and 5% annual appreciation accumulates to $101,948 by year five. Five-year ROI measures 119.48% and total cumulative return in cash reaches $146,151. For financing, Ziffy Mortgage’s DSCR program evaluates $3,007/mo property income against a $1,806/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
10,541 sqft lot
$N/A/sqft
$75 annually HOA
Neighborhood data shown for ZIP Code: 76060, Kennedale, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,619 (100%) |
| Owner Occupied HU | 2,388 (66.0%) |
| Renter Occupied HU | 1,087 (30.0%) |
| Vacant Housing Units | 144 ( 4.0%) |
| Median Home Value | $420,911 |
| Average Home Value | $450,866 |
Residential
3,577
Single Family
3,195
Multi-Family
382
Businesses
532
Date | Event | Price |
|---|---|---|
| 2024-11-19 | Price change | $369,000 |
| 2024-10-22 | Listed for sale | $379,000 |
| 2024-10-16 | Contingent | $379,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-22 | $7210.51 | -7.31% | $371,131 | 12.69% |
| 2022-11-22 | $7779.52 | N/A | $329,329 | 9.17% |
| 2021-11-22 | N/A | N/A | $301,662 | 25.69% |
Listed by: Michelle Kerschen • ARC Realty DFW
Mls Name: NTREIS
Mls ID: #20744588
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.
