13048 Fairway 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
Investment property for sale in Kemp at 13048 Fairway Dr, Kemp, TX, 75143 earns from $2,472/mo rent with a $1,767/mo payment. Total monthly income totals $2,472/mo. ROI tracks 18.95% on current figures, and rental yield reads 8.22% at a $361,000 purchase. Equity gained on principal adds $2,329/yr, and 5% annual appreciation supports $99,738 over five years. Five-year ROI reaches 98.94% and total cumulative return in cash sums $118,403. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,472/mo property income instead of your personal income.
Single Family
Built in 2002
9,452 sqft 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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Listed by: Cheryl Blanton • Christies Lone Star
Mls Name: NTREIS
Mls ID: #20952997
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.