607 Reeves LnKennedaleTX76060
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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
Investment property for sale in Kennedale at 607 Reeves Ln, Kennedale, TX, 76060 uses $129,252 cash to close to unlock $4,689/yr annual cash flow and $391/mo monthly cash flow. Total monthly income runs $3,163/mo, and a $1,908/mo payment keeps the spread at $391/mo. Purchase price stands at $389,900, and rental yield measures 9.73% with $3,163/mo rent. Return on cash invested shows 23.54% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 123.51% and total cumulative return in cash records $159,637. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,163/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Single Family
Built in 1988
0.25 Acres 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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