216 Pine Meadow DrKennedaleTX76060
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 Kennedale at 216 Pine Meadow Dr, Kennedale, TX, 76060 priced at $285,000 converts $1,648/mo rent into after a $1,395/mo obligation. Total monthly income equals $1,648/mo. Return on cash invested prints 15.1% in year one, and rental yield reads 6.94% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 78.29% and total cumulative return in cash sums $73,962. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,648/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 1983
7,143 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76060, Kennedale, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,619 (100%) |
| Owner Occupied HU | 2,388 (66.0%) |
| Renter Occupied HU | 1,087 (30.0%) |
| Vacant Housing Units | 144 ( 4.0%) |
| Median Home Value | $420,911 |
| Average Home Value | $450,866 |
Housing Distribution
Address Breakdown
Residential
3,577
Single Family
3,195
Multi-Family
382
Businesses
532
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices