1509 E 1st North StKaufmanTX75142
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Kaufman at 1509 E 1st North St, Kaufman, TX, 75142 uses $71,604 cash to close to unlock $266/yr annual cash flow and $22/mo monthly cash flow. Total monthly income runs $1,558/mo, and a $1,057/mo payment keeps the spread at $22/mo. Purchase price stands at $216,000, and rental yield measures 8.66% with $1,558/mo rent. Return on cash invested shows 20.28% in year one, and 5% annual appreciation builds toward $59,677 over five years. Five-year ROI reaches 106.1% and total cumulative return in cash records $75,975. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,558/mo property income covering a $1,057/mo payment rather than investor’s personal income.
Single Family
Built in 1960
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75142, Kaufman, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,087 (100%) |
| Owner Occupied HU | 5,943 (73.5%) |
| Renter Occupied HU | 1,666 (20.6%) |
| Vacant Housing Units | 478 ( 5.9%) |
| Median Home Value | $315,791 |
| Average Home Value | $323,664 |
Housing Distribution
Address Breakdown
Residential
8,043
Single Family
7,753
Multi-Family
290
Businesses
635
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices