710 lakeKerrvilleTX78028
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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
Investment property for sale in Kerrville at 710 lake, Kerrville, TX, 78028 uses $44,753 cash to close to unlock $1,197/yr annual cash flow and $100/mo monthly cash flow. Total monthly income runs $1,060/mo, and a $661/mo payment keeps the spread at $100/mo. Purchase price stands at $135,000, and rental yield measures 9.42% with $1,060/mo rent. Return on cash invested shows 22.58% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 118.39% and total cumulative return in cash records $52,981. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,060/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 1974
6,969 sqft 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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