637 Kagen CtBurlesonTX76028
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
Rental property for sale in Burleson at 637 Kagen Ct, Burleson, TX, 76028 priced at $385,000 converts $2,422/mo rent into after a $1,884/mo obligation. Total monthly income equals $2,422/mo. Return on cash invested prints 16.94% in year one, and rental yield reads 7.55% against a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,368 by year five. Five-year ROI reaches 88.16% and total cumulative return in cash sums $112,510. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,422/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Single Family
Built in 2018
7,927 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76028, Burleson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 21,837 (69.6%) |
| Renter Occupied HU | 8,282 (26.4%) |
| Vacant Housing Units | 1,251 ( 4.0%) |
| Median Home Value | $356,961 |
| Average Home Value | $396,432 |
Housing Distribution
Address Breakdown
Residential
31,056
Single Family
27,405
Multi-Family
3,651
Businesses
1,604
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices