1717 Luau CtKempTX75143
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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 1717 Luau Ct, Kemp, TX, 75143 listed at $599,000 pairs $3,084/mo rent with a $2,932/mo payment. Total monthly income runs $3,084/mo. Return on cash invested measures 12.87% in year one, and rental yield registers 6.18% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 66.31% and total cumulative return in cash totals $130,678. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,084/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.39 Acres lot
$N/A/sqft
$60 annually 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: Janice Haney • Ebby Halliday Realtors
Mls Name: NTREIS
Mls ID: #20917651
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