610 Magnolia StKermitTX79745
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow610 Magnolia St, Kermit, TX, 79745 in Kermit is a top-tier cash-flow asset. At $116,490 it produces $3,191/mo in rent and $2,362/mo in net monthly income, a 32.87% gross rental yield. The DSCR of 6.09 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $28,349. Five-year appreciation adds $32,184, driving a total cumulative return of $196,676.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 32.9% | 6.2% |
| Monthly Cash Flow | $2,362 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,191 |
| Total Monthly Debt Service | $782 |
| DSCR Ratio | 4.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Home Type Unknown
Built in N/A
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79745, Kermit, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,741 (100%) |
| Owner Occupied HU | 1,767 (64.5%) |
| Renter Occupied HU | 501 (18.3%) |
| Vacant Housing Units | 473 (17.3%) |
| Median Home Value | $152,599 |
| Average Home Value | $192,199 |
Housing Distribution
Address Breakdown
Residential
2,420
Single Family
2,420
Multi-Family
0
Businesses
314
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
Home Type Unknown
Built in N/A
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79745, Kermit, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,741 (100%) |
| Owner Occupied HU | 1,767 (64.5%) |
| Renter Occupied HU | 501 (18.3%) |
| Vacant Housing Units | 473 (17.3%) |
| Median Home Value | $152,599 |
| Average Home Value | $192,199 |
Housing Distribution
Address Breakdown
Residential
2,420
Single Family
2,420
Multi-Family
0
Businesses
314
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices