6422 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 6422 Peninsula Rd, Kerens, TX, 75144 priced at $275,000 converts $1,090/mo rent into after a $1,346/mo obligation. Total monthly income equals $1,090/mo. Return on cash invested prints 7.34% in year one, and rental yield reads 4.76% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 37.13% and total cumulative return in cash sums $33,851. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,090/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 2023
6,229 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: Margarita Madera • Premier Realty
Mls Name: NTREIS
Mls ID: #20841601
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.