223 Painted Rock DrKerrvilleTX78028
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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 Kerrville at 223 Painted Rock Dr, Kerrville, TX, 78028 uses $43,758 cash to close to unlock $821/yr annual cash flow and $68/mo monthly cash flow. Total monthly income runs $1,007/mo, and a $646/mo payment keeps the spread at $68/mo. Purchase price stands at $132,000, and rental yield measures 9.15% with $1,007/mo rent. Return on cash invested shows 21.78% in year one, and 5% annual appreciation builds toward $36,469 over five years. Five-year ROI reaches 114.18% and total cumulative return in cash records $49,963. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,007/mo property income covering a $646/mo payment rather than investor’s personal income.
Manufactured
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78028, Kerrville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,132 (100%) |
| Owner Occupied HU | 12,783 (63.5%) |
| Renter Occupied HU | 5,524 (27.4%) |
| Vacant Housing Units | 1,825 ( 9.1%) |
| Median Home Value | $318,882 |
| Average Home Value | $407,051 |
Housing Distribution
Address Breakdown
Residential
19,054
Single Family
16,824
Multi-Family
2,230
Businesses
1,726
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