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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 1255 Elmbrook Dr, Kennedale, TX, 76060 offers $6,196/mo rent that, after a $1,958/mo payment, leaves $3,193/mo cash flow. Total monthly income is $6,196/mo, and annual cash flow is $38,316/yr on $132,597 cash. Return on cash invested measures 48.81% in year one, and rental yield stands at 18.59% at a $399,990 entry. Equity gained on principal adds $2,581/yr while 5% annual appreciation compounds into $110,510 by year five. Five-year ROI records 259.56% and total cumulative return in cash reaches $344,173. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,196/mo property income versus a $1,958/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
10,541 sqft lot
$N/A/sqft
$80 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 |
|---|---|---|
| 2024-09-30 | Listed for sale | $399,990 |
| 2024-09-19 | Pending sale | $399,990 |
| 2024-09-11 | Contingent | $399,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-22 | $8460.13 | -6.17% | $435,546 | 13.27% |
| 2022-10-22 | $9016.65 | 2.64% | $384,529 | 7.08% |
| 2021-10-22 | $8784.82 | 8.31% | $359,105 | 14.77% |
Listed by: David Maisch • Zero Dollar Listings, LLC
Mls Name: NTREIS
Mls ID: #20679868
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.
