235 N Pasadena DrKingsvilleTX78363
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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 Kingsville at 235 N Pasadena Dr, Kingsville, TX, 78363 generates $1,501/mo in rent and, after a $946/mo payment, leaves $127/mo in cash flow. Total monthly income is $1,501/mo, and annual cash flow is $1,521/yr on $64,046 invested. Return on cash invested sits at 22.28% in year one, and rental yield is 9.32% on a $193,200 entry. Equity gained on principal adds $1,247/yr, while 5% annual appreciation builds toward $53,378 over five years. Five-year ROI reaches 116.8% and total cumulative return in cash sums $74,805. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,501/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.26 Acres 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
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Listed by: Kelley Brough • KH Property
Mls Name: South Texas MLS
Mls ID: #467265