1778 E Goforth RdKilgoreTX75662
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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 1778 E Goforth Rd, Kilgore, TX, 75662 priced at $137,900 converts $2,419/mo rent into $1,438/mo cash flow after a $675/mo obligation. Total monthly income equals $2,419/mo, and annual cash flow totals $17,260/yr on $45,714 invested. Return on cash invested prints 57.67% in year one, and rental yield reads 21.05% against a $137,900 entry. Equity gained on principal adds $890/yr, while 5% annual appreciation compiles into $38,099 by year five. Five-year ROI reaches 306.6% and total cumulative return in cash sums $140,159. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,419/mo property income covering a $675/mo payment, not borrower’s personal income.
Manufactured
Built in 2006
0.39 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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Listed by: Dominique Ceja • Platinum Realty Group Tyler LLC
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24004852
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.