2618 N Armstrong StreetKingsvilleTX78363
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
Investment property for sale in Kingsville at 2618 N Armstrong Street, Kingsville, TX, 78363 earns $389/mo cash flow from $5,096/mo rent with a $2,932/mo payment. Total monthly income totals $5,096/mo, and annual cash flow totals $4,674/yr on $197,071 capital. ROI tracks 22.43% on current figures, and rental yield reads 10.21% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 118.55% and total cumulative return in cash sums $233,626. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,096/mo property income instead of your personal income.
Single Family
Built in 1982
5 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gaines Slade • Coldwell Banker D'Ann Harper
Mls Name: SABOR
Mls Provider:
Mls ID: #1770798
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.