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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Kingsville at 302 E Hoffman Ave, Kingsville, TX, 78363 at $110,000 posts ROI 60.59% with $1,236/mo cash flow from $2,018/mo rent. Total monthly income equals $2,018/mo, and annual cash flow records $14,834/yr on $36,465 to close. Return on cash invested measures 60.59% and rental yield reads 22.01% at the current $110,000. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 by year five. Five-year ROI prints 322.34% and total cumulative return in cash totals $117,540.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,018/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78363, Kingsville, TX area.
| 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 |
Residential
12,006
Single Family
9,818
Multi-Family
2,188
Businesses
763
Date | Event | Price |
|---|---|---|
| 2024-07-27 | Price change | $110,000 |
| 2024-05-15 | Price change | $115,000 |
| 2024-04-10 | Price change | $120,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $1017.59 | -29.64% | $70,862 | 10.00% |
| 2022-08-16 | $1446.27 | -13.48% | $64,420 | 0.70% |
| 2021-08-16 | $1671.65 | 4.25% | $63,970 | 4.39% |
Listed by: Sonja Garza • KW Coastal Bend - Kingsville
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #435411
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.
