608 E Kennedale PkwyKennedaleTX76060
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 608 E Kennedale Pkwy, Kennedale, TX, 76060 listed at $198,000 pairs $1,884/mo rent with a $969/mo payment to leave $476/mo cash flow. Total monthly income runs $1,884/mo, and annual cash flow reaches $5,713/yr on $65,637 cash to close. Return on cash invested measures 28.61% in year one, and rental yield registers 11.42% at a $198,000 basis. Equity gained on principal adds $1,278/yr, and annual property appreciation at 5% supports $54,704 by year five. Five-year ROI tracks 150.8% and total cumulative return in cash totals $98,980. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,884/mo property income relative to a $969/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.32 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natasha Rico • Rico Realty
Mls Name: NTREIS
Mls ID: #20777782
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.