518 E Kenedy 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
Rental property for sale in Kingsville at 518 E Kenedy Ave, Kingsville, TX, 78363 priced at $164,500 converts $1,280/mo rent into $110/mo cash flow after a $805/mo obligation. Total monthly income equals $1,280/mo, and annual cash flow totals $1,324/yr on $54,532 invested. Return on cash invested prints 22.34% in year one, and rental yield reads 9.34% against a $164,500 entry. Equity gained on principal adds $1,061/yr, while 5% annual appreciation compiles into $45,448 by year five. Five-year ROI reaches 117.13% and total cumulative return in cash sums $63,874. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,280/mo property income covering a $805/mo payment, not borrower’s personal income.
Single Family
Built in 1945
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: Susana Roberge • Coldwell Banker Pacesetter Ste
Mls Name: South Texas MLS
Mls ID: #462223