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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Kennedale at 501 S New Hope Rd, Kennedale, TX, 76060 generates $2,227/mo in rent, after a $3,421/mo payment. Total monthly income is $2,227/mo. Return on cash invested sits at 5.74% in year one, and rental yield is 3.82% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 28.08% and total cumulative return in cash sums $64,574. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,227/mo property income rather than buyer’s personal income.
Manufactured
Built in 1996
9.82 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76060, Kennedale, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,619 (100%) |
| Owner Occupied HU | 2,388 (66.0%) |
| Renter Occupied HU | 1,087 (30.0%) |
| Vacant Housing Units | 144 ( 4.0%) |
| Median Home Value | $420,911 |
| Average Home Value | $450,866 |
Residential
3,577
Single Family
3,195
Multi-Family
382
Businesses
532
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lynn Ballester • Coldwell Banker Realty
Mls Name: NTREIS
Mls ID: #20273622
