1702 E Fordyce AveKingsvilleTX78363
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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 1702 E Fordyce Ave, Kingsville, TX, 78363 listed at $139,900 pairs $1,097/mo rent with a $685/mo payment to leave $102/mo cash flow. Total monthly income runs $1,097/mo, and annual cash flow reaches $1,223/yr on $46,377 cash to close. Return on cash invested measures 22.55% in year one, and rental yield registers 9.41% at a $139,900 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,652 by year five. Five-year ROI tracks 118.18% and total cumulative return in cash totals $54,807. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,097/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
7,431 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: Lynn Smith • KW Coastal Bend - Island
Mls Name: South Texas MLS
Mls ID: #468943