702 Smokey MountainKerrvilleTX78028
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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 Kerrville at 702 Smokey Mountain, Kerrville, TX, 78028 priced at $279,000 converts $2,414/mo rent into $409/mo cash flow after a $1,366/mo obligation. Total monthly income equals $2,414/mo, and annual cash flow totals $4,909/yr on $92,489 invested. Return on cash invested prints 25.22% in year one, and rental yield reads 10.38% against a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation compiles into $77,083 by year five. Five-year ROI reaches 132.65% and total cumulative return in cash sums $122,683. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,414/mo property income covering a $1,366/mo payment, not borrower’s personal income.
Single Family
Built in 1969
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78028, Kerrville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,132 (100%) |
| Owner Occupied HU | 12,783 (63.5%) |
| Renter Occupied HU | 5,524 (27.4%) |
| Vacant Housing Units | 1,825 ( 9.1%) |
| Median Home Value | $318,882 |
| Average Home Value | $407,051 |
Housing Distribution
Address Breakdown
Residential
19,054
Single Family
16,824
Multi-Family
2,230
Businesses
1,726
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Listed by: Somer Tinsley • eXp Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1881335
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.