255 W Point 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
Investment property for sale in Kilgore at 255 W Point Rd, Kilgore, TX, 75662 listed at $132,750 pairs $1,020/mo rent with a $650/mo payment to leave $76/mo cash flow. Total monthly income runs $1,020/mo, and annual cash flow reaches $909/yr on $44,007 cash to close. Return on cash invested measures 21.97% in year one, and rental yield registers 9.22% at a $132,750 basis. Equity gained on principal adds $857/yr, and annual property appreciation at 5% supports $36,676 by year five. Five-year ROI tracks 115.16% and total cumulative return in cash totals $50,678. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,020/mo property income relative to a $650/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1921
0.33 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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