1505 Leach StKilgoreTX75662
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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 Kilgore at 1505 Leach St, Kilgore, TX, 75662 uses $80,521 cash to close to unlock $7,051/yr annual cash flow and $588/mo monthly cash flow. Total monthly income runs $2,315/mo, and a $1,189/mo payment keeps the spread at $588/mo. Purchase price stands at $242,900, and rental yield measures 11.44% with $2,315/mo rent. Return on cash invested shows 28.67% in year one, and 5% annual appreciation builds toward $67,109 over five years. Five-year ROI reaches 151.04% and total cumulative return in cash records $121,621. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,315/mo property income covering a $1,189/mo payment rather than investor’s personal income.
Single Family
Built in 1992
0.32 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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