1403 Derby DrKennedaleTX76060
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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 Kennedale at 1403 Derby Dr, Kennedale, TX, 76060 uses $132,600 cash to close to unlock $7,348/yr annual cash flow and $612/mo monthly cash flow. Total monthly income runs $3,463/mo, and a $1,958/mo payment keeps the spread at $612/mo. Purchase price stands at $399,999, and rental yield measures 10.39% with $3,463/mo rent. Return on cash invested shows 25.45% in year one, and 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 133.8% and total cumulative return in cash records $177,423. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,463/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 1993
9,583 sqft lot
$N/A/sqft
$72 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76060, Kennedale, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,577
Single Family
3,195
Multi-Family
382
Businesses
532
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Listed by: Jenna Smith • Christies Lone Star
Mls Name: NTREIS
Mls ID: #20884785
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.