404 Splitrail DrKempTX75143
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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 Kemp at 404 Splitrail Dr, Kemp, TX, 75143 priced at $639,000 pairs $5,546/mo rent with $1,002/mo cash flow after a $3,128/mo payment. Total monthly income equals $5,546/mo, and annual cash flow comes to $12,019/yr on $210,231 invested. Return on cash invested is 25.78% in year one, and rental yield stands at 10.42% on a $639,000 basis. Equity gained on principal adds $4,123/yr, and 5% annual appreciation accumulates to $176,544 by year five. Five-year ROI measures 135.5% and total cumulative return in cash reaches $284,860. For financing, Ziffy Mortgage’s DSCR program evaluates $5,546/mo property income against a $3,128/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2016
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75143, Kemp, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,852
Single Family
6,852
Multi-Family
0
Businesses
410
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Listed by: Larry Killian • Coldwell Banker American Dream
Mls Name: NTREIS
Mls ID: #20557986
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.