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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Kemp at 15689 Watson Dr, Kemp, TX, 75143 generates $1,814/mo in rent, after a $1,258/mo payment. Total monthly income is $1,814/mo. Return on cash invested sits at 19.72% in year one, and rental yield is 8.47% on a $257,000 entry. Equity gained on principal adds $1,658/yr, while 5% annual appreciation builds toward $71,004 over five years. Five-year ROI reaches 103.05% and total cumulative return in cash sums $87,792. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,814/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75143, Kemp, TX area.
| 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 |
Residential
6,852
Single Family
6,852
Multi-Family
0
Businesses
410
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Amy Weatheread • Weatheread Johnson Realty LLC
Mls Name: NTREIS
Mls ID: #21112178
