229 Wedgewood LnKerrvilleTX78028
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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 229 Wedgewood Ln, Kerrville, TX, 78028 uses $97,793 cash to close to unlock $6,481/yr annual cash flow and $540/mo monthly cash flow. Total monthly income runs $2,638/mo, and a $1,444/mo payment keeps the spread at $540/mo. Purchase price stands at $295,000, and rental yield measures 10.73% with $2,638/mo rent. Return on cash invested shows 26.54% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 139.63% and total cumulative return in cash records $136,550. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,638/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in 1988
0.35 Acres 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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