431 W King AveKingsvilleTX78363
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Kingsville at 431 W King Ave, Kingsville, TX, 78363 priced at $125,000 converts $970/mo rent into $81/mo cash flow after a $612/mo obligation. Total monthly income equals $970/mo, and annual cash flow totals $971/yr on $41,438 invested. Return on cash invested prints 22.25% in year one, and rental yield reads 9.31% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 116.6% and total cumulative return in cash sums $48,317. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $970/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 1940
8,751 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diego Silva • Golden Valley Real Estate
Mls Name: Greater McAllen AOR
Mls ID: #480620