316 E Hoffman AveKingsvilleTX78363
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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 Kingsville at 316 E Hoffman Ave, Kingsville, TX, 78363 at $147,000 posts ROI 21.56% with $67/mo cash flow from $1,112/mo rent. Total monthly income equals $1,112/mo, and annual cash flow records $806/yr on $48,731 to close. Return on cash invested measures 21.56% and rental yield reads 9.08% at the current $147,000. Equity gained on principal adds $949/yr, and 5% annual appreciation supports $40,613 by year five. Five-year ROI prints 113.01% and total cumulative return in cash totals $55,068.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,112/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
10,498 sqft 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
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Listed by: Elisa Sargent • Coldwell Banker Pacesetter Ste
Mls Name: South Texas MLS
Mls ID: #465265