405 E 9th StKempTX75143
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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 Kemp at 405 E 9th St, Kemp, TX, 75143 uses $119,340 cash to close to unlock $96/yr annual cash flow and $8/mo monthly cash flow. Total monthly income runs $2,568/mo, and a $1,762/mo payment keeps the spread at $8/mo. Purchase price stands at $360,000, and rental yield measures 8.56% with $2,568/mo rent. Return on cash invested shows 19.99% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 104.47% and total cumulative return in cash records $124,677. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,568/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1960
8,102 sqft 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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