705 WeirKarnes CityTX78118
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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 Karnes City at 705 Weir, Karnes City, TX, 78118 priced at $160,000 converts $1,058/mo rent into after a $783/mo obligation. Total monthly income equals $1,058/mo. Return on cash invested prints 18.11% in year one, and rental yield reads 7.94% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 94.44% and total cumulative return in cash sums $50,090. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,058/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1936
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78118, Karnes City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,996 (100%) |
| Owner Occupied HU | 1,087 (54.5%) |
| Renter Occupied HU | 519 (26.0%) |
| Vacant Housing Units | 390 (19.5%) |
| Median Home Value | $156,676 |
| Average Home Value | $259,027 |
Housing Distribution
Address Breakdown
Residential
1,706
Single Family
1,602
Multi-Family
104
Businesses
240
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Listed by: Shelley Walter • Lone Star Real Estate-Kenedy, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1848733
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.