313 S 6th StKenedyTX78119
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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
Investment property for sale in Kenedy at 313 S 6th St, Kenedy, TX, 78119 offers a 9.83% rental yield on a $315,000 purchase with $2,581/mo rent. Total monthly income registers $2,581/mo, and a $1,542/mo payment leaves $341/mo available for distribution. Annual cash flow reaches $4,089/yr on $104,423 to close, and return on cash invested stands at 23.82% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 125.06% and total cumulative return in cash at $130,589. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,581/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78119, Kenedy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,683 (100%) |
| Owner Occupied HU | 1,348 (50.2%) |
| Renter Occupied HU | 691 (25.8%) |
| Vacant Housing Units | 644 (24.0%) |
| Median Home Value | $153,846 |
| Average Home Value | $253,344 |
Housing Distribution
Address Breakdown
Residential
2,344
Single Family
2,080
Multi-Family
264
Businesses
333
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