19964 KENNEYSomersetTX78069
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
Rental property for sale in Somerset at 19964 KENNEY, Somerset, TX, 78069 offers $2,626/mo rent that, after a $1,115/mo payment, leaves $880/mo cash flow. Total monthly income is $2,626/mo, and annual cash flow is $10,555/yr on $75,499 cash. Return on cash invested measures 33.89% in year one, and rental yield stands at 13.84% at a $227,750 entry. Equity gained on principal adds $1,470/yr while 5% annual appreciation compounds into $62,923 by year five. Five-year ROI records 179.76% and total cumulative return in cash reaches $135,716. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,626/mo property income versus a $1,115/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
8,232 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78069, Somerset, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,293 (100%) |
| Owner Occupied HU | 1,639 (71.5%) |
| Renter Occupied HU | 435 (19.0%) |
| Vacant Housing Units | 219 ( 9.6%) |
| Median Home Value | $236,801 |
| Average Home Value | $263,127 |
Housing Distribution
Address Breakdown
Residential
1,702
Single Family
1,702
Multi-Family
0
Businesses
123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kenneth Autobee • Redbird Realty LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1776300
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.