620 Cove Ranch RdKempnerTX76539
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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 Kempner at 620 Cove Ranch Rd, Kempner, TX, 76539 listed at $245,900 pairs $2,614/mo rent with a $1,204/mo payment to leave $865/mo cash flow. Total monthly income runs $2,614/mo, and annual cash flow reaches $10,379/yr on $81,516 cash to close. Return on cash invested measures 32.64% in year one, and rental yield registers 12.76% at a $245,900 basis. Equity gained on principal adds $1,587/yr, and annual property appreciation at 5% supports $67,938 by year five. Five-year ROI tracks 172.32% and total cumulative return in cash totals $140,467. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,614/mo property income relative to a $1,204/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in N/A
5.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76539, Kempner, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,955 (100%) |
| Owner Occupied HU | 3,092 (78.2%) |
| Renter Occupied HU | 551 (13.9%) |
| Vacant Housing Units | 312 ( 7.9%) |
| Median Home Value | $288,520 |
| Average Home Value | $361,348 |
Housing Distribution
Address Breakdown
Residential
3,680
Single Family
3,680
Multi-Family
0
Businesses
84
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Nearby investment properties with comparable prices
Listed by: Jennifer Rowe • Sweetwaters Realty Llc
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #546251
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2024 Central Texas MLS, All Rights Reserved.