3392 Oleander StKingslandTX78639
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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 Kingsland at 3392 Oleander St, Kingsland, TX, 78639 generates $984/mo in rent and, after a $612/mo payment, leaves $95/mo in cash flow. Total monthly income is $984/mo, and annual cash flow is $1,139/yr on $41,438 invested. Return on cash invested sits at 22.66% in year one, and rental yield is 9.45% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 118.77% and total cumulative return in cash sums $49,217. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $984/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78639, Kingsland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,862 (100%) |
| Owner Occupied HU | 3,061 (52.2%) |
| Renter Occupied HU | 1,088 (18.6%) |
| Vacant Housing Units | 1,713 (29.2%) |
| Median Home Value | $322,823 |
| Average Home Value | $453,524 |
Housing Distribution
Address Breakdown
Residential
4,516
Single Family
4,337
Multi-Family
179
Businesses
430
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