1515 Annette StKingsvilleTX78363
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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 Kingsville at 1515 Annette St, Kingsville, TX, 78363 earns $1,257/mo cash flow from $3,070/mo rent with a $1,174/mo payment. Total monthly income totals $3,070/mo, and annual cash flow totals $15,080/yr on $79,527 capital. ROI tracks 38.87% on current figures, and rental yield reads 15.36% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 206.34% and total cumulative return in cash sums $164,095. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,070/mo property income instead of your personal income.
Single Family
Built in 1971
8,629 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78363, Kingsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,956 (100%) |
| Owner Occupied HU | 5,594 (43.2%) |
| Renter Occupied HU | 5,255 (40.6%) |
| Vacant Housing Units | 2,107 (16.3%) |
| Median Home Value | $170,335 |
| Average Home Value | $193,185 |
Housing Distribution
Address Breakdown
Residential
12,006
Single Family
9,818
Multi-Family
2,188
Businesses
763
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Listed by: Matt Perez • eXp Realty LLC
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #447221
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.