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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Kemp at 28218 W Oak Ridge Rd, Kemp, TX, 75143 generates $869/mo in rent and, after a $538/mo payment, leaves $87/mo in cash flow. Total monthly income is $869/mo, and annual cash flow is $1,046/yr on $36,465 invested. Return on cash invested sits at 22.78% in year one, and rental yield is 9.48% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 119.52% and total cumulative return in cash sums $43,584. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $869/mo property income rather than buyer’s personal income.
Manufactured
Built in 1986
2.35 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75143, Kemp, TX area.
| 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 |
Residential
6,852
Single Family
6,852
Multi-Family
0
Businesses
410
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $110,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jacqueline Valenzuela • Exit Realty Pinnacle Group
Mls Name: NTREIS
Mls ID: #20902596
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
