6388 Peninsula RdKerensTX75144
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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
Rental property for sale in Kerens at 6388 Peninsula Rd, Kerens, TX, 75144 offers $1,486/mo rent that, after a $1,150/mo payment. Total monthly income is $1,486/mo. Return on cash invested measures 15.69% in year one, and rental yield stands at 7.59% at a $235,000 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,926 by year five. Five-year ROI records 81.99% and total cumulative return in cash reaches $63,868. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,486/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
4,007 sqft lot
$N/A/sqft
$1,068 annually HOA
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 |
Housing Distribution
Address Breakdown
Residential
1,593
Single Family
1,562
Multi-Family
31
Businesses
98
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Listed by: Julie Teel • RE/MAX LakeSide Dreams
Mls Name: NTREIS
Mls ID: #20883768
Disclaimer: 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.