618 S 6th StKenedyTX78119
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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 Kenedy at 618 S 6th St, Kenedy, TX, 78119 uses $77,903 cash to close to unlock $4,633/yr annual cash flow and $386/mo monthly cash flow. Total monthly income runs $2,057/mo, and a $1,150/mo payment keeps the spread at $386/mo. Purchase price stands at $235,000, and rental yield measures 10.5% with $2,057/mo rent. Return on cash invested shows 25.86% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 136.01% and total cumulative return in cash records $105,952. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,057/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Multi Family
Built in 1948
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78119, Kenedy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,683 (100%) |
| Owner Occupied HU | 1,348 (50.2%) |
| Renter Occupied HU | 691 (25.8%) |
| Vacant Housing Units | 644 (24.0%) |
| Median Home Value | $153,846 |
| Average Home Value | $253,344 |
Housing Distribution
Address Breakdown
Residential
2,344
Single Family
2,080
Multi-Family
264
Businesses
333
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