307 E Oak StKaufmanTX75142
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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 Kaufman at 307 E Oak St, Kaufman, TX, 75142 priced at $189,000 pairs $1,880/mo rent with $498/mo cash flow after a $925/mo payment. Total monthly income equals $1,880/mo, and annual cash flow comes to $5,981/yr on $62,654 invested. Return on cash invested is 29.46% in year one, and rental yield stands at 11.94% on a $189,000 basis. Equity gained on principal adds $1,220/yr, and 5% annual appreciation accumulates to $52,217 by year five. Five-year ROI measures 155.54% and total cumulative return in cash reaches $97,450. For financing, Ziffy Mortgage’s DSCR program evaluates $1,880/mo property income against a $925/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
7,971 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75142, Kaufman, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,087 (100%) |
| Owner Occupied HU | 5,943 (73.5%) |
| Renter Occupied HU | 1,666 (20.6%) |
| Vacant Housing Units | 478 ( 5.9%) |
| Median Home Value | $315,791 |
| Average Home Value | $323,664 |
Housing Distribution
Address Breakdown
Residential
8,043
Single Family
7,753
Multi-Family
290
Businesses
635
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Listed by: Sara Taylor • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20909015
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.