1606 Remington CtKilgoreTX75662
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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 Kilgore at 1606 Remington Ct, Kilgore, TX, 75662 priced at $212,900 converts $1,508/mo rent into after a $1,042/mo obligation. Total monthly income equals $1,508/mo. Return on cash invested prints 16.95% in year one, and rental yield reads 8.5% against a $212,900 entry. Equity gained on principal adds $1,374/yr, while 5% annual appreciation compiles into $58,820 by year five. Five-year ROI reaches 89.28% and total cumulative return in cash sums $63,014. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,508/mo property income covering a $1,042/mo payment, not borrower’s personal income.
Condo
Built in 2016
N/A lot
$N/A/sqft
$2,016 annually 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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