603 Ruth DrKennedaleTX76060
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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 Kennedale at 603 Ruth Dr, Kennedale, TX, 76060 priced at $285,000 converts $2,652/mo rent into $405/mo cash flow after a $1,395/mo obligation. Total monthly income equals $2,652/mo, and annual cash flow totals $4,864/yr on $94,478 invested. Return on cash invested prints 25.06% in year one, and rental yield reads 11.17% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 132.7% and total cumulative return in cash sums $125,370. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,652/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 1987
10,236 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76060, Kennedale, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,577
Single Family
3,195
Multi-Family
382
Businesses
532
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Listed by: Wendy Waddell • Charitable Realty
Mls Name: NTREIS
Mls ID: #21013405
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.