239 W Point RdKilgoreTX75662
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Nearby investment properties with comparable prices
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 239 W Point Rd, Kilgore, TX, 75662 offers $1,245/mo rent that, after a $766/mo payment, leaves $132/mo cash flow. Total monthly income is $1,245/mo, and annual cash flow is $1,585/yr on $51,880 cash. Return on cash invested measures 22.96% in year one, and rental yield stands at 9.55% at a $156,500 entry. Equity gained on principal adds $1,010/yr while 5% annual appreciation compounds into $43,238 by year five. Five-year ROI records 120.55% and total cumulative return in cash reaches $62,539. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,245/mo property income versus a $766/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1921
N/A 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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