288 NE County Road 3011KerensTX75144
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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
Total monthly income runs $1,137/mo, and a $719/mo payment. Purchase price stands at $147,000, and rental yield measures 9.28% with $1,137/mo rent. Return on cash invested shows 19.14% in year one, and 5% annual appreciation builds toward $40,613 over five years. Five-year ROI reaches 101.06% and total cumulative return in cash records $49,248. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,137/mo property income covering a $719/mo payment rather than investor’s personal income.
Single Family
Built in 1996
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75144, Kerens, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,798 (100%) |
| Owner Occupied HU | 1,092 (60.7%) |
| Renter Occupied HU | 319 (17.7%) |
| Vacant Housing Units | 387 (21.5%) |
| Median Home Value | $217,628 |
| Average Home Value | $326,438 |
Housing Distribution
Address Breakdown
Residential
1,593
Single Family
1,562
Multi-Family
31
Businesses
98
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Listed by: Michelle Smith • Keller Williams Lonestar DFW
Mls Name: NTREIS
Mls ID: #20872782
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