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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% |
Investment property for sale in Kennedale at 516 Corry A Edwards Dr, Kennedale, TX, 76060 with 5% annual appreciation on a $270,000 basis while $2,249/mo rent supports operations. Total monthly income totals $2,249/mo and a $1,322/mo payment preserves $329/mo for cash returns. Annual cash flow comes to $3,942/yr on $89,505 deployed, and return on cash invested reaches 24.31% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,596 alongside rental yield of 10%. Five-year ROI measures 127.7% and total cumulative return in cash totals $114,301.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,249/mo property income versus a $1,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.40 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 |
|---|---|---|
| 2024-12-31 | Listed for sale | $270,000 |
| 2024-12-26 | Contingent | $270,000 |
| 2024-10-24 | Price change | $270,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $2630.83 | -17.62% | $113,219 | -16.87% |
| 2023-02-12 | $3193.50 | -15.22% | $136,192 | -9.21% |
| 2022-02-12 | $3766.79 | 34.26% | $150,000 | 41.51% |
Listed by: Chandler Crouch • Chandler Crouch, REALTORS
Mls Name: NTREIS
Mls ID: #20748432
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
