10856 Legg DrKempTX75143
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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 Kemp at 10856 Legg Dr, Kemp, TX, 75143 generates $3,029/mo in rent, after a $2,447/mo payment. Total monthly income is $3,029/mo. Return on cash invested sits at 16.1% in year one, and rental yield is 7.27% on a $499,999 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 83.62% and total cumulative return in cash sums $138,595. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,029/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75143, Kemp, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,606 (100%) |
| Owner Occupied HU | 4,722 (62.1%) |
| Renter Occupied HU | 1,406 (18.5%) |
| Vacant Housing Units | 1,478 (19.4%) |
| Median Home Value | $251,256 |
| Average Home Value | $302,938 |
Housing Distribution
Address Breakdown
Residential
6,852
Single Family
6,852
Multi-Family
0
Businesses
410
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