204 S BurtonKarnes CityTX78118
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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
Rental property for sale in Karnes City at 204 S Burton, Karnes City, TX, 78118 priced at $220,000 converts $2,104/mo rent into $539/mo cash flow after a $1,077/mo obligation. Total monthly income equals $2,104/mo, and annual cash flow totals $6,472/yr on $72,930 invested. Return on cash invested prints 28.78% in year one, and rental yield reads 11.48% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 151.69% and total cumulative return in cash sums $110,627. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,104/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1954
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78118, Karnes City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,996 (100%) |
| Owner Occupied HU | 1,087 (54.5%) |
| Renter Occupied HU | 519 (26.0%) |
| Vacant Housing Units | 390 (19.5%) |
| Median Home Value | $156,676 |
| Average Home Value | $259,027 |
Housing Distribution
Address Breakdown
Residential
1,706
Single Family
1,602
Multi-Family
104
Businesses
240
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Listed by: Sean O'Brien • O'Brien Real Estate
Mls Name: LERA MLS
Mls ID: #1834195