119 Velma DrKilgoreTX75662
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Kilgore at 119 Velma Dr, Kilgore, TX, 75662 at $237,500 posts ROI 24.63% with $310/mo cash flow from $1,998/mo rent. Total monthly income equals $1,998/mo, and annual cash flow records $3,714/yr on $78,731 to close. Return on cash invested measures 24.63% and rental yield reads 10.1% at the current $237,500. Equity gained on principal adds $1,533/yr, and 5% annual appreciation supports $65,617 by year five. Five-year ROI prints 129.37% and total cumulative return in cash totals $101,853.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,998/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75662, Kilgore, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,541 (100%) |
| Owner Occupied HU | 6,956 (66.0%) |
| Renter Occupied HU | 2,676 (25.4%) |
| Vacant Housing Units | 909 ( 8.6%) |
| Median Home Value | $206,140 |
| Average Home Value | $252,139 |
Housing Distribution
Address Breakdown
Residential
9,980
Single Family
9,235
Multi-Family
745
Businesses
928
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