608 SW 3rd St, Kerens, TX, 75144 | $490/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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608 SW 3rd St, Kerens, TX, 75144 | $490/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Kerens at 608 SW 3rd St, Kerens, TX, 75144 earns $490/mo cash flow from $2,154/mo rent with a $1,145/mo payment. Total monthly income totals $2,154/mo, and annual cash flow totals $5,884/yr on $77,571 capital. ROI tracks 27.49% on current figures, and rental yield reads 11.05% at a $234,000 purchase. Equity gained on principal adds $1,510/yr, and 5% annual appreciation supports $64,650 over five years. Five-year ROI reaches 144.75% and total cumulative return in cash sums $112,287. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,154/mo property income instead of your personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Seller is offering $$ in sellers concessions with an acceptable offer! Come fall in love with this stunning new construction home featuring three bedrooms, two full bathrooms, & 2CG . As you walk in, you will love the open-concept living & dining area, where natural light floods the space, highlighting the beautiful floors & modern finishes throughout. The living-dining space invites you to unwind in comfort, while the Modern kitchen, equipped with new appliances, plenty of cabinetry, quartz countertops, and a spacious island, is ideal for entertaining guests. Primary suite includes a spacious bathroom with beautiful tile flooring, dual vanities, and a luxurious walk-in shower. Full Size Laundry room. Spacious backyard with covered deck! Schedule your private showing today! Ask about financing options: 100% Financing, No MI, No Origination-Lender Fees, 5.75% rate, 580 credit score

Neighborhood Data

Neighborhood data shown for ZIP Code: 75144, Kerens, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,798 (100%)
Owner Occupied HU	1,092 (60.7%)
Renter Occupied HU	319 (17.7%)
Vacant Housing Units	387 (21.5%)
Median Home Value	$217,628
Average Home Value	$326,438