2909 Broadway BlvdKilgoreTX75662
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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 2909 Broadway Blvd, Kilgore, TX, 75662 generates $1,095/mo in rent and, after a $697/mo payment, leaves $82/mo in cash flow. Total monthly income is $1,095/mo, and annual cash flow is $985/yr on $47,239 invested. Return on cash invested sits at 22% in year one, and rental yield is 9.22% on a $142,500 entry. Equity gained on principal adds $920/yr, while 5% annual appreciation builds toward $39,370 over five years. Five-year ROI reaches 115.34% and total cumulative return in cash sums $54,483. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,095/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
0.69 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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