2029 S 2nd StKingsvilleTX78363
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 Kingsville at 2029 S 2nd St, Kingsville, TX, 78363 generates $1,244/mo in rent and, after a $783/mo payment, leaves $106/mo in cash flow. Total monthly income is $1,244/mo, and annual cash flow is $1,276/yr on $53,040 invested. Return on cash invested sits at 22.31% in year one, and rental yield is 9.33% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 117.04% and total cumulative return in cash sums $62,078. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,244/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
6,612 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Benavides • Jan Erwin Real Estate LLC
Mls Name: South Texas MLS
Mls ID: #461898